Leave a Message

By providing Nicolette Rose your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank you for your message. We will be in touch with you shortly.

Rising Mortgage Rates - What You Should Know

Rising Mortgage Rates - What You Should Know

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.

“Mortgage rates increased across the board last week, pushed higher by market expectations that inflation will persist."

The most recent average 30-year fixed mortgage rate reported by Freddie Mac is 6.5%.

Advice for Buyers

If you’re thinking about pausing your home search because rates have started to go up again, you may want to reconsider. This could actually be an opportunity to buy the home you’ve been searching for. If you stay the course, you’ll likely face less competition among other buyers!

Let’s connect today to explore the options in our local market!

Recent Blog Posts

Rising Mortgage Rates - What You Should Know

March 1, 2023

After steadily falling over the winter, mortgage rates have started to rise in recent weeks.

Think Twice Before Waiting for 3% Mortgage Rates!

January 16, 2023

Last year, the Federal Reserve took action to try to bring down inflation.

Is Buying a Home a Goal for You in 2023?

January 8, 2023

If buying a home is one of your goals in 2023, here are a few things to focus on.

Work With Nicolette

Her clients appreciate her approachable and easygoing nature, and the most rewarding part of her business is when her clients become dear friends. Contact her today.