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October Mortgage Tip: Don’t Let Spooky Rates Scare You!

October Mortgage Tip: Don’t Let Spooky Rates Scare You!

“🎃 Rates might be creeping up, but don’t let spooky rates haunt your homeownership dreams! With the Federal Reserve making recent moves, we’ve seen interest rates rise, which can feel a little scary for buyers and homeowners alike. But here’s the good news: there are still options to get you into the home you want or to refinance strategically.

 

Here’s how you can beat the rate hikes: 

 

  • 📋 Negotiate with confidence: Fewer buyers in the market due to higher rates may mean more negotiating power for you, helping offset the cost of the higher rate. 
  • 🏠Buy now, refinance later: Many buyers are taking advantage of temporary rate buydowns or planning to refinance when rates drop again. It’s about playing the long game and getting into your home now. 
  • 📈 Get pre-approved: Having your finances in order gives you more negotiating power when you find the right house, especially as sellers adjust to the changing market. 

 

🍁 Yes, rates are higher, but waiting might cost you even more in the long run if prices continue to rise. The real estate market is still competitive, and making a move now could save you from an even scarier rate later! 

 

📲 Message us today and let’s talk about how you can navigate this market. Whether it’s a new purchase, refinance, or investment, We’re here to guide you through these spooky times and help you find the right solution.” 

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