
Friday Aug 23, 2024
Give a Friday Rate Recap: Daily Jumpstart
Here is a REEL you can copy, share, or duet ! Happy Friday! I hope you’ve had an amazing week, capitalizing on the favorable market conditions with lower rates and increased inventory. This is Charlotte Hero, bringing you your daily jumpstart. As always, Friday is our rate recap day.
Today, I want to share the latest on interest rates. We’re seeing a slight improvement with the national average hovering around 6.5% for a 30-year fixed loan. Remember, the actual rate can vary based on your credit score, loan type, loan size, location, and property type.
It’s a great time to buy! The last 10 days have shown the best rates in the past six months and one of the lowest points in the last 18 months. With higher inventory and decreasing rates, now is the perfect time to act. Don’t wait for rates to drop further and risk missing out on available properties.
The Federal Reserve has hinted at potential rate reductions in upcoming meetings, which is already causing a slight market reaction. Utilize the provided graphics and videos in our toolkit to enhance your marketing efforts.
Happy marketing and selling! Have a fantastic weekend, and we’ll catch up next week.
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