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️As mortgage demand takes a dip amidst heightened competition and limited housing supply, prospective homebuyers face challenges in a tough real estate market. Meanwhile, the lure of lower mortgage rates fuels a 2% increase in refinance applications. The housing landscape remains dynamic...  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

Comments (8)

Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

I am surprised of uptic in refinance due to 'lower' interest rates.  One would have to wonder when they are refinancing from  Although a bit lower from a few months ago, I have to wonder if truly worth it at the present time.  Guess that is why I am not a lender...lol.  m

Apr 01, 2024 10:39 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That would surprise me as well Mark Don McInnes, Sandpoint-Idaho but it seems that different people are in different situations, haha.

Apr 01, 2024 10:50 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

beneficial information Brian England things are tight for many people these days 

Apr 01, 2024 01:21 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian low inventory impacts the number of mortgages as well.  Hopefully inventory willl pick up

Apr 01, 2024 02:16 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It's really sad that things are tight for everyone these days Hannah Williams but that is what happens when the government allows inflation to exceed wages every year.

Apr 01, 2024 05:38 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is true George Souto if there aren't homes to purchases, loans to purchase homes aren't needed.

Apr 01, 2024 05:39 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I find it is like being on a roller coaster ride, one week inventory climbs then next week interest rates climb and vice versa and we are on the ride, Endre

Apr 01, 2024 11:13 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

My whole real estate career has been a roller coaster Endre Barath, Jr., have you found that to be true as well?

Apr 02, 2024 06:09 AM