Who said rates wouldn’t go lower?
Dan’s Activity this week:
So, lots of
activity this week. My clients have 4
homes under contract due to close in the next 30 days. By the end of this week that number could be
6! Interestingly enough, one of my
clients closing next week referred another client who is now closing in the
next 30 days as well.....gotta love that! Referrals are the best compliment!
After the
traditionally slow Mother’s Day weekend, my listings are starting to pick up with
buyer activity. I’m holding an Open
House on Sunday for one of those listings.
I’ve had good success on my recent Open Houses, so bring on that
buyer! On Saturday, I’m meeting with a
new client who is looking to sell, so that will give me another home to market
and sell. Let’s just keep buying and
selling!
Rates for the Week
From the IBJ... The average rate for 30-year mortgages fell from 4.05
percent to 4.02 percent in the week ended May 9, according to Bankrate.com. The
rate for 15-year mortgages fell from 3.25 percent to 3.2 percent.
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