13 Nov Mortgage Rates…. What is UP???

Hello and Happy Monday!  Yep – mortgage rates crept higher last week as markets reacted to Fed Chair Jerome Powell saying Thursday that he and other Fed officials remain committed to bringing inflation down to 2% and would not hesitate to raise policy rates further as needed to do so.  Well what does that mean for you, exactly?  Give me a call and we can discuss your situation.  Just because rates are up doesn’t mean you can’t buy a home.

As we get to mid-November, we are starting to see all the great Christmas fun planned here on the Western Slope.  Make sure you’re following my Facebook and Instagram pages to see events that I am sharing.  OH – and if you have something you’d like me to post on my page, don’t hesitate to let me know.  I’m happy to help spread the word!

We are still seeing activity happening in the real estate market.  I just had a guy get in touch with me today that I am helping to find a condo/townhome in the area.  I have some new listings coming up as well.  The real estate market is stable and back to what we call “normal” here in Western Colorado.  The crazy days of bidding wars and things being ridiculously over priced are over (for now).  I would love to chat with you about the current state of the market if you have some questions.

I wish you a wonderful week to come and hope to hear from you soon!