Hope Leitner, Realtor®, CRS

  If you’ve been waiting for mortgage rates to drop, here’s what experts predict: They’re expected to settle around 6.5% by the end of the year—not the huge drop many were hoping for. But don’t let that hold you back! There are options like: ✔ Buydowns to lower your rate upfront ✔ Adjustable-rate mortgages (ARMs) for flexibility ✔ Assumable loans that can lock in a lower rate Want to explore what works best for you?  Let’s chat! DM me and I’ll connect you with a great lender. Hope Leitner, CRS, CalDRE #01874321 Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com

  If you’ve been hesitant to   list your house   because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the  Federal Reserve  cut the Federal Funds Rate for the first time since they began raising that rate in  March 2022 . And while they don’t control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are expected into next year. And lower  mortgage rates  are bringing more buyers back into the market. Lisa Sturtevant, Chief Economist at  Bright MLS , says: “A drop in the cost of borrowing will help fuel more homebuyer demand . . . Falling rates will also bring more sellers into the market.” The best part? You can  take advantage  of th...