So I was just showing my buyer this house and it's going great, he's loving it. We're probably gonna submit an offer. We're standing out front. We're going over the numbers…. And I see a
Will a Recession Bring Relief for Buyers?
Dated: August 26 2022
No one wants a recession…but it may bring some relief as far as mortgage rates go!
In the last 6️⃣ recessions since the 1980’s, mortgage rates have gone down every time. Does this mean, without question, that rates will go down during this one? NO. But it does allow us to make an educated guess on the subject and try to plan accordingly.
No one has a crystal ball, but history always plays a part in the future. You need facts and knowledge on your side and I’m glad to give it!
Hey! Thank you for checking out my page- between being able to browse the MLS for properties, receive a valuation on your home, use a mortgage calculator and more I hope that it brings you value in yo....