π Mortgage Rates Down a Full Percent from Recent High! π‘β¨
Exciting news for homebuyers and those looking to make a move! Mortgage rates have recently dropped a full percentage point from their recent highs, reaching levels we haven't seen since February. ππ½
π What Does This Mean for You? Β
If you've been waiting for a better time to buy, now might be your moment! While the record-low rates of the pandemic are behind us, the current rates present a great opportunity. According to Greg McBride from Bankrate, we might not see 3% rates again, but the current trend could be your chance to make a move. π π°
π Why Act Now?
As rates decrease, more buyers will likely jump back into the market, which could lead to increased competition and rising prices. If you're ready, it's a good time to get ahead of the crowd and find your dream home before the competition heats up! π₯π
π‘ Bottom Line: If youβve been waiting for the right moment to buy, this could be it. Reach out to a local real estate professional to start your home search today and take advantage of the current rates! π π
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π House of the Week π Β
2068 Sumner Dr, Frederick, MD β $410,000
ποΈ Open House: Β
Saturday 8/10 from 12 PM - 2 PM Β
Sunday 8/11 from 1 PM - 3 PM
π‘ Well-maintained 3-bedroom, 2.5-bathroom townhouse in Willow Brook community Β
π³ Minutes from downtown Frederick & close to Route 15 Β
β¨ Hardwood flooring in foyer, kitchen, and half bath Β
π₯ Family room with gas fireplace Β
π 9-foot ceilings Β
π οΈ Mostly finished basement Β
π³ Fenced rear yard with patio Β
π Two assigned parking spots Β
π New shingles in 2019, HVAC replaced in 2015, water heater replaced in 2018
Come see all that this beautiful home has to offer!Β