Wow, I have a lot of news to share with you this week!
First of all, mortgage interest rates have dropped. They are in the high sixes, but there are buydown options that can easily get you into the 5% range. Of course, this depends on your personal credit history and debt-to-income ratio. If you would like more information about getting a new mortgage or refinancing the one you have, give me a call. I work with some great lenders and would be happy to put you in touch with them.
We are hearing a lot more in the news about changes coming to the way Realtors get paid. The main difference is that buyers will need to have a buyer broker agreement signed with their Realtor before we can show them houses, whether in person or through virtual tours. I believe that in our area, we will still see sellers offering compensation to Buyers’ Agents. For more detailed information, click here
If you have any questions or need clarification on any misinformation you may have heard, give me a call. I’m happy to help!