Buyers, we’ve put together a great video for what you need to know about applying for a home loan in 2023. But first, did you catch The Federal Reserve Chair, Jerome Powell’s report to the U.S. Senate Committee on Banking, Housing, and Urban Affairs yesterday?
If you did, you may feel a bit let down by his remarks when what we’ve been hearing for the last few months was a projected turnaround for the housing market in 2023.
Despite the frustration many may be feeling right now, we’re asking our buyers and sellers to stay with us. Don’t panic just yet.
Here’s What You Need to Know
Instead of panicking, we want you to know you still have options for buying right now. Even with the fluctuation in interest rates, if you are ready to buy NOW, watch our video. We had an incredible sit down with SVP Mortgage Lender, Justin Purpero of OriginPoint Mortgage.
Justin and Penny breakdown what you need to know about standing out in a market where inventory is low and demand is starting to creep back up.
Take a look at how we advised our clients who are ready to stand out from the competition on best practices when it comes to working with their lender.
Learn the key points for when it comes time to applying for your home loan in 2023. Most importantly, know that we are here to connect with you to get you on the right path forward.
Our Team Is Here For You
So while it may feel disheartening to feel the tug and pull by what’s going on with the Federal Reserve’s approach for curbing inflation, they don’t call us Orange Coast Real Estate All-Star’s for nothing.
We have an incredible team here and ready to work for you. Let us know where you are in your journey and rest assured knowing we’ve seen all different types of markets.
2023 will come and go, the market will stabilize, interest rates will go down and eventually back up. That’s how it works. We’re not scared, and we know with us on your side you’ll be less afraid too!