Sandra Figueroa’s insight on the future of the mortgage market.
Today we’re talking with Sandra Figueroa, a loan officer with Neo Home Loans, about what's happening in our mortgage market.
As we've seen, interest rates are rising, but that’s definitely not stopping buyers from braving the market. We have record low inventory and lots of buyer demand, so there's still plenty of time to cash in on your equity. When we look towards spring and summer, we predict that there will be about three to four more adjustments to interest rates. By the end of the summer, rates may end up around 6.5%. For sellers in Reno, Carson City, & elsewhere, that means that it’s time to cash in on your equity and quickly get into a new home to lock in your interest rate.
If you're interested in selling, visit nevadarealestategroup.com and reach out to us via phone or email. We look forward to hearing from you.
Reach out to Sandra for your mortgage questions!
Sandra Figueroa | info@nevadagroup.com | 775-741-7842
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