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Bank Closures and Changing Market Rates

April 21, 2023

Bank Closures and Changing Market Rates

Recent bank failures have brought mortgage rates down—and economists predict they could fall even further in the coming months.

As expert real estate professionals, we’re closely monitoring this situation and are here to help you navigate it smoothly and calmly.

BUYERS: Be prepared to lock in a low rate when the time is right. Working with a knowledgeable agent is critical. We can also refer you to a trusted mortgage professional who can help you get pre-qualified for a home loan.

SELLERS: A dip in mortgage rates could mean more buyers in the market. Now may be a perfect time if you’ve been considering selling your home. We can help you prep your home and get it listed quickly to take advantage of a possible increase in demand.

RECENT HOMEBUYERS: If you recently purchased and rates are now lower. You could save money by refinancing your home now. Let us connect you with a mortgage professional to discuss your options.

“For every action, there is an equal and opposite reaction.” - Issac Newton

Let us help you find your sanctuary. Call (831) 234-1233 or email [email protected]

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