Each year, there are numerous changes that affect the housing market. With this year being an election year, there have been major fluctuations that can change the way you’re feeling in regards to buying a house or refinancing your current home. Here’s the inside scoop. . .
After 34 years in real estate, there’s one thing I’ve always noticed when there’s an election coming up.
Interest rates always bottom out right before the election and then always go back up in December or January after.
I’ve seen it over and over – every time there’s been an election coming up. My point with that is if you’re thinking about buying, selling or even refinancing, you want to do that now.
I would do it sooner in the year and get going with it. We just heard about rates as low as the low 3%’s – that’s unheard of. They’re never that low.
So if you’re thinking about it, now’s definitely the time to do it. If someone’s going to buy something, they can buy a lot more now than they’re going to be able to later with a higher rate.
If you’re refinancing, that just means that you’re going to be able to have more cash in your pocket.
We’ve got several different options if you’re looking at lenders or have questions, reach out to us and let us know. One of our people even has a Zero Cost program an you can even get some money back on it.
So give us a shout. We’d love to help! If you’re anticipating a move up or down or plan to refinance – you definitely want to do it before November 2020.
The Debbie Zois Team | (702) 838-7700 | info@lasvegashomessold.com
Here are the most recent homes that have hit the market:
