Mortgage Rates Surpass 5%

Mortgage rates surpass 5%- what does this mean for you?

Recently I spoke with mortgage expert, William Koedatich of Crown Home Mortgage about the recent increase in mortgage rates and how higher rates will affect our real estate market and in turn, you! Whether you're a home buyer or a seller, or you're just plain curious, here are some of the questions Will answered:

• What caused mortgage rates to increase finally??
• How are increasing rates changing homebuyers' ability to qualify for a mortgage?
• How are higher rates affecting purchasing power??
• Will mortgage rates continue to rise this year?
• Do you think rising rates will cause a decline in buyer demand?

This conversation is so in-depth that I encourage you to watch the entire interview. To see what Will had to say, click here.

Please feel free to reply to this email with any questions you may have, or you can contact Will directly at 973-954-1497 or [email protected].

Also, if there is anything else I can help you with, whether you want to learn the value of your home, have a general question about the real estate market, or anything in between, please feel free to reach out. I am always happy to help!