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👨‍💼Mortgage Rates are Not Deterring Buyers

By Brian England

Real Estate Agent with Ambrose Realty Management LLC SA634540000

May 09, 2022 10:00 AM

💥Mortgage Rates are Not Deterring Buyers

☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call or 🙋‍♂Text Brian at 480-773-2370

📨Email Brian ~ Search the MLS for FREE

The outlook for Spring homebuyers are looking bright! Nothing is stopping dedicated families to upsizing, downsizing and relocating... not even the rising mortgage rates! To read the full article, click HERE.

I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon

☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call or 🙋‍♂Text Brian at 480-773-2370

📨Email Brian ~ Search the MLS for FREE

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George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Brian the rising interest rates seem to actually be putting Buyers into a buying frenzy before the rates go even higher.

May 09, 2022 10:05 AM

Sheri Sperry - MCNE®

Sedona, AZ
Brian England

Gilbert, AZ

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

They are smart to act sooner rather than later George Souto since interest rates and home prices continue to rise.

May 09, 2022 01:02 PM

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Brian,

George Souto would have the scope on this one. It also depends on the price point.

May 09, 2022 05:56 PM

Brian England

Gilbert, AZ

You are right Sheri Sperry - MCNE® and George Souto is definitely someone I would reach out to if I had a lending question. I would definitely refer people to him as well.

May 09, 2022 06:35 PM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

In our area the average interest rate is 5 1/2% and that is a far cry from what it was a year ago at this time and it is deterring some buyers Brian 🙁

May 09, 2022 06:59 PM

Buyers have been spoiled for too long with the super-low interest rates Paul S. Henderson, REALTOR®, CRS

May 10, 2022 05:40 AM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Brian, I think the rates did deter a few buyers in Denver over the last month, our inventory has increased, more price reductions, and more homes returning to the market.

May 10, 2022 08:16 AM

I am sure that some were priced out of what they wanted to buy Joan Cox and didn't want to settle for less.

May 10, 2022 08:28 AM

Joan Cox

Denver, CO

👨‍💼Mortgage Rates are Not Deterring Buyers

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