top of page
Image by Glenn Carstens-Peters
  • Writer's pictureMatt Elakatt

December Market Update


The good news is that we saw a little dip in the 30-year fixed mortgage rate last week, averaging 6.58%.


As the rate settles and we adjust our expectations, opportunities are within reach. At this time, a buyer will have a higher rate but will have the leverage to negotiate the purchase price, credits, and closing costs. Then hopefully later refinance to a lower rate.


Everyone’s situation is different. For some, it may not benefit to buy or sell, but for others now could be a perfect time.


Before making a decision, reach out to a trusted real estate partner to assess your specific situation and go over options that may be best for you.


Email or call if we can help in any way!



18 views0 comments

Comments


bottom of page