Have you been on the fence on whether or not to purchase a home in this market? Frank Barrera is here to help!
According to CNBC, mortgage rates have increased from 4.72% to 4.95% in a matter of weeks. This is a huge jump, in a short period of time. With this increase in interest rates, there will also be a decrease in the number of qualified buyers, as some buyers will now not qualify for a mortgage. Although the interest rates are increasing, we are still not seeing the market slow down. Las Vegas is a top destination to relocate to, which is allowing sellers to demand top dollar for their homes.
With that being said, are you considering buying or selling in this market? Not sure it’s the right time to buy? Not sure what your home is worth?
Give us a call, we would be happy to talk about your circumstances and see what’s right for you.
