Rent growth slows, Dollar weakens and mortgage rates drop
Great week for mortgage rates and real estate as the market seems to be picking up steam. Dollar index (DXY) is in free-fall and this should be good for stocks/crypto, but the FTX fall out is still unraveling. Could be a longer crypto winter than its already been, BUT, keep in mind that "bottoms" like to form after capitulation events...the only question is, will this be the last one or more to come? I like what I'm seeing right now in the markets but things can change quickly. Contact me directly with questions, my info is below :) #mortgagerates #realestate #homebuyer #valoan #dxy #bitcoin #stockmarket #rent
GET A FREE LOAN QUOTE - FAST! All I need is the following:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in
APPLY for loan pre-approval 24/7 here: www.DerrickEvens.com
NEED A REALTOR IN San Diego? I know some of the absolutely best and happy to refer you to someone that works specifically in the area important to you.
Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046
LINKS:
https://www.cnbc.com/2022/11/18/home-sales-fell-for-ninth-straight-month-in-october.html
https://www.cnbc.com/2022/11/18/how-to-afford-a-mortgage-as-interest-rates-and-home-prices-rise.html
https://www.cnbc.com/2022/11/17/rent-growth-slows-to-the-lowest-level-in-18-months.html
https://www.rent.com/research/average-rent-price-report/
https://www.mortgagenewsdaily.com/mortgage-rates
https://www.theguardian.com/us-news/ng-interactive/2022/nov/15/house-election-results-2022-live-senate-us-midterm-state-map-latest-winners-congress#senate-map
https://fred.stlouisfed.org/series/ASPUS
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