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. ๐๐ซ๐จ๐ค๐ž๐ซ ๐๐š๐ญ๐ญ๐ฒ ๐ƒ๐š ๐’๐ข๐ฅ๐ฏ๐š spoke with ๐’๐ฎ๐ง ๐’๐ž๐ง๐ญ๐ข๐ง๐ž๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ž๐ซ ๐€๐ฆ๐›๐ž๐ซ ๐๐จ๐ง๐ž๐Ÿ๐จ๐ง๐ญ to discuss the recent uptick in buyer interest to purchase a home. Carolina Hernandez, a home buyer and client of ๐†๐ซ๐ž๐ž๐ง ๐‘๐ž๐š๐ฅ๐ญ๐ฒ ๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ข๐ž๐ฌ, 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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