Mortgage Rates Update - 7/24/2020

A Realtors Fiduciary Responsibility

One of my favorite things about being a Realtor has always been the hands-on and up close and personal experience I get to have with homeowners both new and seasoned. With this sort of relationship comes a responsibility to maintain a level of knowledge and trust. In a way, Realtors need to be a database of information for their clients. To better serve my clients I continue to educate myself on all things Real Estate in CA and Nationwide. One of the most important aspects of homeownership and helping people purchase homes is understanding the mortgage process. This is why I make it a point to stay connected to Matt Young. With years of industry experience as a Mortgage Broker Matt is my go-to guy when it comes to pre-approvals for my clients and a wealth of various information regarding current mortgage happenings in California.

Weekly Matt updates me on the current mortgage rates as these things change like the wind, and I would like to share it with you. Remember, knowledge is power.

Mortgage Rates As of 7/24/2020

While times are though Right now and so much feels uncertain and unstable it is important to reflect on some of the good that is happening. I recently got a client-approved (through Matt’s helpful work of course) with a 3% interest rate. It is so important to act fast when rates are low because we never know what tomorrow is going to hole.

I encourage you, do not sit back and wait for COVID-19 to disappear before you start your home search. Many homeowners are still listing their properties. Agents like myself are doing virtual home tours and when we do need to enter the homes with a client everything is disinfected prior to and after the showing. We are always doing everything we can to protect our clients.

If you have questions, would like to begin your home search, or are interested in the valuation of your home, please contact me today. 310-729-4546