Mortgage Rates May Stay Elevated Through July

Mortgage Rates May Stay Elevated Through July

  • Renee Merritt
  • 07/11/24

Below is a quick update on the current state of the mortgage market as of mid-July, courtesy of one of our trusted mortgage partners, Todd Revenig. We know that the uncertainty about interest rates, and the impact to buyers' abilities to secure mortgages, is forefront in the minds of many. While rates remain high, we encourage you to seek the advice of a mortgage specialist as you plan your future purchase.  Your mortgage broker can recommend your best options and help you identify any challenges that will keep you from getting the best possible rate.  It's our goal to provide you with the most up-to-date information regarding the mortgage markets and their impact on housing pricing and availability. 

___________________________________

We are here to help! If you want to find out how much your home is worth in this strong market, email me at [email protected]. We would be happy to help you determine if the time is right for you to sell your home or buy a new home.

 

Work With Us

​Whether you're looking to buy a dream home, sell a property, or invest in a real estate opportunity, we have you covered. With over 24 years of combined real estate experience, every member of The Merritt Group Fine Properties team offers keen market insight and knowledge that is only acquired through years of navigating the every changing Phoenix area market. Let our extensive expertise and 'White Glove' service work for you!