Episode #378 - 8/9/24

09/08/2024 10 min
Episode #378 - 8/9/24

Listen "Episode #378 - 8/9/24"

Episode Synopsis

๐Ÿ“‰ Mortgage Rates Down a Full Percent from Recent High! ๐Ÿกโœจ Exciting news for homebuyers and those looking to make a move! Mortgage rates have recently dropped a full percentage point from their recent highs, reaching levels we haven't seen since February. ๐Ÿ“‰๐Ÿ”ฝ ๐Ÿ“Š What Does This Mean for You? ย  If you've been waiting for a better time to buy, now might be your moment! While the record-low rates of the pandemic are behind us, the current rates present a great opportunity. According to Greg McBride from Bankrate, we might not see 3% rates again, but the current trend could be your chance to make a move. ๐Ÿ ๐Ÿ’ฐ ๐Ÿ” Why Act Now? As rates decrease, more buyers will likely jump back into the market, which could lead to increased competition and rising prices. If you're ready, it's a good time to get ahead of the crowd and find your dream home before the competition heats up! ๐Ÿ”ฅ๐Ÿ“ˆ ๐Ÿ’ก Bottom Line: If youโ€™ve been waiting for the right moment to buy, this could be it. Reach out to a local real estate professional to start your home search today and take advantage of the current rates! ๐Ÿ ๐Ÿ”‘ ย  ๐ŸŒŸ House of the Week ๐ŸŒŸ ย  2068 Sumner Dr, Frederick, MD โ€“ $410,000 ๐Ÿ—“๏ธ Open House: ย  Saturday 8/10 from 12 PM - 2 PM ย  Sunday 8/11 from 1 PM - 3 PM ๐Ÿก Well-maintained 3-bedroom, 2.5-bathroom townhouse in Willow Brook community ย  ๐ŸŒณ Minutes from downtown Frederick & close to Route 15 ย  โœจ Hardwood flooring in foyer, kitchen, and half bath ย  ๐Ÿ”ฅ Family room with gas fireplace ย  ๐Ÿ“ 9-foot ceilings ย  ๐Ÿ› ๏ธ Mostly finished basement ย  ๐ŸŒณ Fenced rear yard with patio ย  ๐Ÿš— Two assigned parking spots ย  ๐Ÿ  New shingles in 2019, HVAC replaced in 2015, water heater replaced in 2018 Come see all that this beautiful home has to offer!ย See omnystudio.com/listener for privacy information.