2023 is underway!
After an uncertain and tumultuous past year with the economy, mortgage rates and the real estate market, where are we now and what is expected in the coming months??
Higher interest rates continue to impact our real estate activity, inventory, affordability and home values which are continuing to experience a downward trend at the moment.
There are still many unknowns at this time including unemployment and inflation numbers, the US Fed direction with their rates, all which will impact the direction of our interest rates and for how long.
There is no doubt that change is the constant right now with more to come so stay tuned for further updates!
With each video, I strive to provide you with useful and up to date information to help you better understand and navigate the mortgage and real estate world we live in. My purpose is always to help and to make your financial decisions perhaps that little bit easier. One of my greatest joys is in knowing I helped at least one person today, and perhaps today that person is YOU!