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Homebuyers appear to be getting used to the new normal of higher mortgage rates, even the highest in over a month. Buyer demand for mortgages helped to push total mortgage application volume up 1.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. CNBC's Diana Olick explains. Read more at the #linkinbio or the link on screen. #CNBC
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Waiting for 3% interest rates to come back could cost you more than you think… 🏡📉 Read this ⬇️ Let’s talk numbers using Freddie Mac data: 1980s → 14% rates 1990s → around 10% Today → around 6% Here’s what that means 👇 ✔️ Rates move in cycles ✔️ Home values historically appreciate long-term ✔️ Smart buyers use data, not fear, to make decisions A lot of buyers in North Texas and the DFW area are still waiting for the “perfect” rate… but waiting could mean paying more for the same home later. Yo
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