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2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

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If you’ve been holding off on selling your house to   make a move   because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been   below 7%   for over a month now ( see graph below ): And while they’re not going back to the 3% we saw during the  ‘unicorn’ years , they are expected to continue to  go down  from where they are now in the near future. As Dean Baker, Senior Economist at the  Center for Economic Research ,  explains : “It also appears that mortgage rates are now falling again. They will almost certainly not fall to pandemic lows,  although we may soon see rates under 6.0 percent , which would be low by pre-Great Recession standards.” Here are two reasons why this recent trend, and the  expectation  it’ll continue, is such  good news  for you. You May Not Feel as Locked-In to Your Current Mortgage Rate With mortgage rates already significantly l

Talking Real Estate with Hope, January 2024 Newsletter

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The market is always changing. I'm here to help you make sense of everything that's happening in the real estate world. A doom and gloom attitude to all the changes will only ensure you'll miss out on new opportunities when it comes to homeownership and real estate investing. You can have what you want. Now.    January - Ponder this, "January is the month for dreaming." — Jean Hersey. I happen to agree - more than making resolutions, January is for imagining the year’s possibilities. I’m working on imagining a great year for us all!    As always, I am here for you, your family, and friends.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors   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 Email Hope     FINANCE, HOMEBUYERS, TRENDS   Will Mortgage Interest Rates Go Lower in 2024?   While many potential h

January 2024 San Diego Calendar of Events

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Happy New Year! January is the month of new beginnings. May 2024 be full of opportunities and success! San Diego is sure starting things off with a bang! There are so many great activities for everyone. I see lots of activities for fun under our sun!  January - Ponder this,  "If you are brave enough to say goodbye, life will reward you with a new hello." – Paulo Coelho - Sometimes change feels overwhelming, especially when it's forced on you. January is wonderful! This is the month we permit ourselves to embrace change, which makes us stronger.  I am here for you, your family, and your friends. Whether you own a home or you are looking to buy or sell one, I'm here to help.   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors