Rates Dropped, Buyers Jumped

When mortgage rates dipped just 0.15% for one day, in the middle of a stock market panic, mortgage applications jumped 20%. Despite all the fear and uncertainty, buyers were ready to move the second they saw a slightly better rate. Imagine what will happen when rates drop for real and the market is not falling off a cliff. To some, this might not mean much, but to me, it is obvious. There is a massive demand waiting on the sidelines. When rates drop, even a little more, I expect a surge.

If you are considering buying or selling, now could be the time to be ready.

Let me know if you want to talk through your options.

Curious what your Jupiter home is worth in today's market? I'll give you a real number, not an algorithm estimate. Call or text (561) 371-5143 or email kyle@taiter.com.