New Space Realty

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make sense for their budget anymore. That may be the case for you too.

Data from Bright MLS shows the top reason buyers delayed their plans to move is due to high mortgage rates.

David Childers, CEO at Keeping Current Matters, speaks to this statistic in the recent How’s The Market podcast: “Three quarters of buyers said ‘we’re out’ due to mortgage rates. Here’s what I know going forward. That will change in 2024.”

That’s because mortgage rates have come down off their peak last October. And while there’s still day-to-day volatility in rates, the longer-term projections show rates could continue to drop this...



📲 414.296.6929
📨 [email protected]
🖱️ www.newspace-realty.com

What Mortgage Rate Do You Need To Move? If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you.

Today’s affordability challenges combined with a lack of available homes means you need to be strategic in order to find one that meets your needs and fits your budget. Opting for a fixer-upper might be the answer. Let’s chat to see if this is a good option for you and explore what’s on the market in our area.



📲 414.296.6929
📨 [email protected]
🖱️ www.newspace-realty.com