What Recent Bank Failures Mean for Mortgage Rates and You
25 Mar 2023 by Stanley Chow

 

Recent bank failures have brought mortgage rates down—and economists predict they could fall even further in the coming months.

As expert real estate professionals, we’re closely monitoring this situation and are here to help you navigate it 🫡

🏡 BUYERS: Be prepared to lock in a low rate when the time is right. Working with a knowledgeable agent is key. We can also refer you to a trusted mortgage professional who can help you get pre-qualified for a home loan.

🏡 SELLERS: A dip in mortgage rates could mean more buyers in the market. If you’ve been considering selling your home, now may be the perfect time. We can help you prep your home and get it listed quickly to take advantage of a possible increase in demand.

🏡 HOMEOWNERS: You could save a bundle by refinancing if rates fall significantly. Let us connect you with a mortgage professional to discuss your options.

Don’t miss out on this potential window of opportunity! Contact us today to schedule a free consultation.

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#mortgagerates #realestate #realestateagent #siliconvalleybankcollapse #bankingcrisis

Stanley Chow

Stan Chow is a REALTOR® and Broker Associate with the Dalton Wade Inc. in St. Petersburg, Florida. He's a retired Architect and Professional Planner with over 40 years of diverse experience in architecture, construction, and real estate development. Throughout his career, Stan has continuously enriched his passion for homes, buildings, and the built environment. From his collective experiences and diverse expertise, Stan has acquired advanced knowledge of architecture, design engineering and the building sciences – all key assets to be a premier REALTOR® for you. Most importantly, Stan believes that success is built on TRUST, MOTIVATION and EXPERIENCE. He works hard to earn it and strives to be his clients’ friend and REALTOR® for life…and indeed, YOUR TRUSTED REAL ESTATE PRO.