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15 Feb

Weekly real estate and mortgage update

General

Posted by: Brian Mill

By most accounts the weather has finally gotten hold of the local real estate market and while it hasn’t completely stopped, it’s definitely not as brisk as it was in January. Many agents I’ve been in touch with this week are still actively working on new deals, however it is very apparent that every deal is getting a lot of attention since at this time of year, every deal is important! 

 

Interest rates are still extremely low and not showing any indication of moving, however that typically is the case in the spring…..rates move up along with demand for money.  If you have any clients who are sitting on the fence about buying this might make the difference.  I can easily get 2.94% these days on a quick close high ratio mortgage, which would fit the bill for most first time home buyers.  I would appreciate any opportunities to preapprove your clients so feel free to forward this email along to anyone you think might benefit from speaking with me. 

 

This weekend is a mix of hockey and a variety of other family fun for my wife, son and I.  My phone will be with me all weekend so please feel free to call me or shoot me an email if you’d like me to speak with your clients directly.

 

Have a great family day weekend!