2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
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by Natalie Martinez
- January 17, 2024
- For Sellers, Housing Market Updates, Selling Myths
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If you’ve been holding off on selling your house to
Lower mortgage rates mean buyers can potentially save money on their home loans, making the prospect of purchasing a home more attractive and affordable. Now that rates are easing, more buyers are likely to feel they’re ready to jump back into the market and make their move. And more buyers mean more demand for your house.
Bottom Line
If you’ve been waiting to sell because you didn’t want to take on a larger mortgage rate or you thought buyers weren’t out there, the recent decline in mortgage rates may be your sign it’s time to make your move. When you’re ready, connect with a local real estate agent.
