My financial planner was correct!! Rates have drifted back down and have broken through a key barrier. So, hopefully they can stabilize at this lower level for the next month – we’ll see. The market is always fast to react and slow to correct.
With the rates correcting and home sales up, let’s all make hay while we can. Since charts are handy to show clients, I have provided two charts for all of you. The first is House Starts for the month of April and the second is New Home Sales for April – Enjoy! So, go get those listings and send their buyers to me for pre-approvals!!
