It’s encouraging to see that home-purchase mortgage applications climbed by 2% to 6.68 million, with 3.6 million loans originated and the average mortgage rate dropping to 6.4%. Nearly 80% of major metropolitan areas experienced a rise in applications, even though activity is still a bit shy of what we saw before the pandemic. Having spent over three decades living and working in Northern Arizona, I’ve witnessed many changes in the real estate landscape, and I know how much these shifts can impact your plans. My commitment is always to provide you with honest guidance and a smooth experience—whether you’re buying your first home or making your next move.
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