Market Update

Aloha Rebels... Hope you are well!

As you know trends in the ever-evolving mortgage landscape change rapidly and we are here to guide you on this journey so that making decisions are easier to understand and navigate.

This is information is updated weekly on Tuesday's and sometimes through the week...

Current:

Interest Rates Insights

Conventional 30 Year Fixed Rates*

7.625%
Conventional 30 Year Fixed Rate is valid as of 04/15/2024

Business Purpose Loan 30 Year Fixed Rates*

8.625%
Business Purpose Loan 30 Year Fixed Rate is valid as of 04/15/2024

THESE INTEREST RATES ARE NOT GUARANTEED

Your interest rate depends on your credit score, loan to value, and debt to income ratio... If your purchasing primary home or investment property your down payment is also factored into the equation.

Existing Homes Average Value & For Sale Nationwide

$440,000

526,000 For Sale

GROWING INVENTORY ~ Compared to last year at this we are up 30% more homes for sale.

As of 04/15/2024 And Based On The National Average. This also does not include new construction homes. Your Market Is Different... If You Want The Exact Percentage Of Homes Fore Of Your Home Based On Your Zip Code As Of Last Friday, Just Give Me A Call 720-365-2018

New Construction Homes Average Value & For Sale Nationwide

$400,500 Median Sales Price

Median Sales Price Is DOWN $20K From The Last Report

$485,000 Average Sales Price

Average Sales Price Is DOWN $28K From The Last Report

463,000 For Sale

The Seasonally-Adjusted Estimate Of New Homes At The End Of February

Based On US Census Report release on 03/25/24 This represents a supply of 8.4 Months. Your Market Is Different... If You Want The Exact Percentage Of Homes For Sale In Your Zip Code, Just Give Me A Call 720-365-2018

Investing In Your Future Makes All The Difference &

Being Proactive Is The Key To Long Term Growth

Your Course Is Coming Soon

I Am Not A Financial Advisor This Information Is To Educate You On Buying Real Estate Whether Is A Primary Or Investment Property Learning How To Qualify And To Help You Plan For Your Future

We believe in making financial information accessible to everyone and giving you the tools to make an informed decision. Let's embark on this journey together, building a stronger, more informed community.

Ready to take the next step? Explore our articles and resources to stay ahead in the ever-evolving mortgage landscape.

Click Here To Set UP A Time To Meet or Give Me A Call Directly

720-365-2018

Aloha

Derek L Hendricks

* Conventional 30 Year Fixed Rate is valid as of 1/16/2024. Interest rates are subject to market fluctuations and the rate quoted may not be currently available. Actual rates available may vary based upon a number of factors including your credit rating, size of down payment and other factors. Actual rates and monthly payment available to you may vary based upon a number of factors including your credit rating, size of down payment and other factors. Restrictions may apply. Payments displayed do not include any type of Mortgage Insurance, Taxes or Hazard Insurance payments, if required. Interest Rate is assumed at X.XXX% / X.XXX% Annual Percentage Rate for a 30-Year Fixed refinance loan and up to X.XXX points for the monthly payment calculation. Rate assumes that property being refinanced is an owner-occupied single-family home, assumes an average of $250,000 loan size and a credit score of at least 760 and debt to income of 43% or lower, non-cash out, and an LTV of less than 80%. Monthly payment estimate is excluding Taxes, Insurance and Closing costs and the actual payment obligation will be greater. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. Your income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines. All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice. Equal Housing Opportunity.

Copyright ©2021 | Rebels Team

Licensed to Do Business | NMLS# 1968315

©2024 Mission Loans, LLC - Corporate NMLS ID # 210853 located at 5 Park Plaza, Ste. 900, Irvine, CA 92614. All rights reserved. For all licenses, visit

http://www.nmlsconsumeraccess.org or www.missionloans.com/state-licensing/. Mission Loans, LLC strives for compliance with all applicable state laws and federal regulations pertaining to mortgage lending, advertising, and marketing laws. All applications are subject to underwriting guidelines and approval. This does not constitute an offer to lend. Not all applicants will qualify for all loan products offered. All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice. Equal Housing Opportunity. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | MissionLoans

Corporate | NMLS ID 210853

Corporate Address : 5 Park Plaza, Suite 900 Irvine, CA 92614

Copyright ©2021 | Rebels Team

Licensed to Do Business | NMLS# 1968315

©2024 Mission Loans, LLC - Corporate NMLS ID # 210853 located at 5 Park Plaza, Ste. 900, Irvine, CA 92614. All rights reserved. For all licenses, visit

http://www.nmlsconsumeraccess.org or www.missionloans.com/state-licensing/. Mission Loans, LLC strives for compliance with all applicable state laws and federal regulations pertaining to mortgage lending, advertising, and marketing laws. All applications are subject to underwriting guidelines and approval. This does not constitute an offer to lend. Not all applicants will qualify for all loan products offered. All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice. Equal Housing Opportunity. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | MissionLoans

Corporate | NMLS ID 210853

Corporate Address : 5 Park Plaza, Suite 900 Irvine, CA 92614

https://missionloans.com