Top Mortgage Trends

Mortgage interest rates dropped again in the last two weeks. For more than a year the Central bank has been buying $40B worth of mortgage backed securities each month, which gives the mortgage market cash flow and liquidity and keeps the cost of long term borrowing low. These extremely low interest rates have been like a beacon of light for the First Time Buyer who is competing to find her dream home. Although the Federal Reserve is saying that they will not increase rates until the Job market is stronger, some economists are predicting an interest rate increase by the end of this year. So if you are looking to buy a home or thinking of refinancing this is the best time in history to lock a 30 or 15 year mortgage.

In today’s video I will be sharing with you top Mortgage trends that are happening in the market and some tips on how you can position yourself to be in the best place to buy your first home or refinance your home at a very low rate.

Top 4 Mortgage trends we are seeing:

  1. Rates Dropped, again!
  2. Large Mortgage Amounts
  3. Strict Qualifications
  4. Big Banks taking a back seat

I hope this is insightful to you. Please comment or message me because I love to hear from you. Until next time…

About the Author
Karan Singh
My brand thrives on building meaningful relationships with clients, colleagues, and co-workers. Consider me your passionate ally in helping you and your family craft a future as solid as the foundation of your dream home.

For the past 8 incredible years, I’ve been on a mission to turn the elusive “”American Dream”” into a tangible reality for home buyers. Think of me as your guide, relentlessly searching for that perfect home at the perfect price. And for sellers, I’m the secret weapon to ensuring your property gets snatched up for top dollar, faster than you can say “”sold!””

But here’s the real kicker: I’m not just a lone wolf in this wild real estate jungle. I’m part of a dynamic team that knows no bounds when it comes to innovative and proactive marketing strategies. We’re not just top ranked in the market—we’re the ones setting the bar!

So, let’s cut to the chase. If you’re itching to unlock the door to your real estate goals, give me a call today. Trust me, you won’t be disappointed. It’s time to make moves, my friend!