Blog > Mortgage demand spikes 20%
CNBC just reported a 20% spike in mortgage applications—a massive shift in just one week.
So, what does this mean for you?
Two key takeaways:
- Buyers are watching rates closely. A dip to 6.73%—the lowest since last year—has pulled more buyers back into the market.
- Sellers could see increased demand. More buyers re-entering means a greater chance for competitive offers and faster sales.
As always, I’m here to help you navigate the market and make the most of these shifts.
Cheers,
Brad
P.S. If you’re considering whether now is the right time for you to buy or sell, let’s chat! Drop your info in the fields below. I’d love to give you some personalized guidance to help you make the best decision.