As geopolitical tensions grow and various other factors apply market pressure, we have seen the trend of declining mortgage rates come to a possible halt. This could be alarming; however, buyers should rest assured that rates have not risen to previous positions.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞(210)884-7299
📧adrian-hernandez@jbgoodwin.com
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Throw Back Tuesday🔙🕓
Join me on a journey back to 2015 when JBGoodwin Realtors® unveiled their new signage at the previous San Antonio office location. At the reveal, they released butterflies in celebration. It is the small things in life that prepare you for the next level.
I am reminded of this event now as we see the snout butterflies make their annual migration, passing through San Antonio in search of food and new life. Butterflies symbolize new birth. As the winds guide the butterflies to their home, though I am not the wind, the wind I provide is Efficient Performance. Just like the wind, I will guide you to sell or purchase your home. We are just like the butterflies; no matter the factors around us, we are always in search of a home to call ours.
A throwback to a JBGoodwin award ceremony in 1988. JBGoodwin’s unwavering support of agents is historically proven. This is one of the many reasons why agents like me thrive and adapt in any situation. This is why I feel like family here. 🏆
AdrianHernandezHelps-JBGoodwin REALTORS®
📞 (210)884-7299
📧 adrian-hernandez@jbgoodwin.com
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Mortgage rates have slightly decreased. However, as I mentioned before, the trend has been downward, and we are seeing that take effect.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞(210)884-7299
📧adrian-hernandez@jbgoodwin.com
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Mortgage rates are on the horizon towards a six percent rate, potentially now allowing new homeowners to enter the market. Over the past several weeks, declining mortgage rates have been the trend and could likely continue to follow this course.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞 (210)884-7299
📧 adrian-hernandez@jbgoodwin.com
Have an awesome day!
Ahead of the Fed’s meeting on September 17, 2024, mortgage rates have fallen more than half a percent in the last six months. Though this may come as great anticipation for new home buyers to enter the market, many are still staying on the sidelines due to high prices. I’m afraid that if buyers wait, which is not wrong, they might face bidding wars as rates fall and an influx of buyers enter the market, causing them to possibly spend even more than they bargained for.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞 (210)884-7299
📧 adrian-hernandez@jbgoodwin.com
Mortgage rates have dropped to their lowest level in over a year following recent unemployment reports and market turbulence. This decline in mortgage rates may encourage prospective homebuyers to make a decision to purchase a home. It might also be a good time to consider refinancing your home.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞(210)884-7299
📧adrian-hernandez@jbgoodwin.com
Have an awesome day!
Currently, we are facing the highest unemployment rate of 4.3% since the end of the COVID lockdown, which is higher than the pre-COVID era rate of 3.5%. As the Fed moves away from restrictive monetary policy, we are seeing early signs of a softening economy. The Fed may or may not make a cut of 50 basis points in September. Time will only time tell.
AdrianHernandezHelps-JBGoodwin REALTORS®
📞(210)884-7299
📧adrian-hernandez@jbgoodwin.com
Have an awesome day!
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