Sunsentinel - Are mortgage rates finally on the downturn?

Patty Da Silva

02/7/23

As mortgage interest rates are gradually trending down, buyers show signs of a renewed interest in home shopping. 𝐁𝐫𝐨𝐤𝐞𝐫 𝐏𝐚𝐭𝐭𝐲 𝐃𝐚 𝐒𝐢𝐥𝐯𝐚 spoke with 𝐒𝐮𝐧 𝐒𝐞𝐧𝐭𝐢𝐧𝐞𝐥 𝐫𝐞𝐩𝐨𝐫𝐭𝐞𝐫 𝐀𝐦𝐛𝐞𝐫 𝐁𝐨𝐧𝐞𝐟𝐨𝐧𝐭 to discuss the recent uptick in buyer interest to purchase a home. Carolina Hernandez, a home buyer and client of 𝐆𝐫𝐞𝐞𝐧 𝐑𝐞𝐚𝐥𝐭𝐲 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬, shared with Mrs Bonefont how she and her husband were unable to compete with the over-bidding and waiver of contingencies that was necessary to secure a home last year. Times, as they say, are a changing. For many buyers, high rent prices coupled with lower interest rates are creating a resurgence in demand. Read the complete article below.

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