Sell With Chad DFW

Great weekly info!

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟯𝟬, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Rates moved higher last week as the conflict in the Middle East continued without a resolution and the Strait of Hormuz remained largely closed. Mortgage rates were also pressured higher by concerns that the Fed may have to hike rates later this year rather than cut them.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 ⚠️
Mortgage rates are hard to predict this week and could swing based on market sentiment around Fed policy, oil prices, labor data, and concerns about the economy as the conflict with Iran continues. Traders are growing more concerned about potential longer-term economic issues which may lead to a recession, which could help mortgage rates this week.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• Economic data: There will be multiple reports this week on the labor market, including Friday’s BLS jobs report, which could affect rates later in the week.
• The Fed: Markets are now concerned the Fed may hike rates rather than cut this year.
• Military action in Iran: The longer the conflict in the Middle East continues, the higher mortgage rates are likely to go. However, if a resolution is reached, rates would stabilize and should begin moving lower again, even if slowly.

Many buyers see a price and immediately think:

“That's out of my budget.”

But the list price is just the starting point.

The real secret is strategy.

🦸 Market analysis
🦸 Smart offers
🦸 Negotiation

Because remember:

Price isn’t the villain… bad strategy is. With the right plan, many homes are sold for much less than their original list price.

Have you ever seen a home sell for less than the list price?

Chad Jordan - The Home Buying Hero
📞 (214) 425-8454

In the Home Buying Hero universe, every hero needs strong allies.
A great lender can be the difference between a stressful transaction and a smooth victory.
This is definitely one of the Hero’s trusted partners in the fight against confusing loans and bad financing advice. 💪
What’s the biggest myth buyers believe about mortgages right now?

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝗪𝗲𝗲𝗸 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵 𝟭𝟲, 𝟮𝟬𝟮𝟲

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝗺𝗼𝘃𝗲𝗱 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Mortgage rates rose for a second straight week as oil prices topped $100 a barrel. Volatility also increased, with rates swinging day to day based on market sentiment and headlines surrounding the conflict with Iran.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗺𝗼𝘃𝗲 𝗵𝗶𝗴𝗵𝗲𝗿 👎
Mortgage rates may continue creeping higher along with oil prices. Expect more volatility and larger-than-normal day-to-day moves. If you're considering refinancing or currently under contract, stay in close contact with your mortgage professional.

📈 𝗪𝗵𝗮𝘁’𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
• The Fed: Normally this week’s Fed meeting would be the main focus, along with the quarterly rate forecasts from Fed officials and Chair Powell’s press conference. However, the Fed is widely expected to leave policy rates unchanged, and markets already anticipate no cuts this year. Because of that, the meeting is unlikely to move mortgage rates much.
• Military action in Iran: The conflict continues to keep oil prices elevated. Higher energy prices raise inflation concerns, which push bond yields higher and put upward pressure on mortgage rates.

True story… property lines can start more neighborhood debates than politics. 😆

That’s why surveys, inspections, and good advice matter when buying a home.

The Home Buying Hero is always on the case. 🦸‍♂️

What’s the funniest neighbor or property line story you’ve seen?

Recently showed this home and I’m pretty sure it has a secret superpower. 🦸‍♂️

From the moment you walk in, it feels like the kind of place where great memories are about to happen. Tons of natural light, an awesome layout, and a backyard that might just become your personal headquarters for relaxing after a long day.

If homes had superhero names, this one would definitely be “The Memory Maker.”

So I’m curious…
If this were your new headquarters, what would your first upgrade be? 🏡✨

🚨NEW LISTING IN McKinney🚨
🏘 One owner, custom built in Stonebridge Ranch
🔥 THREE car garage with epoxy floors and EV charger
🚗 Convenient access to major highways
📪 304 Haddington Ln, McKinney | MLS 21192866
💲 $1,350,000
📍 Located just minutes from Historic Downtown McKinney, the upscale shopping and restaurants at Legacy West, world-class golf at PGA of America Headquarters, and resort-style luxury at Omni PGA Frisco Resort & Spa.
‼️ Neighborhood amenities are second to none, including the new $10 million signature Beach Club (2027), tennis and pickleball courts, scenic golf courses, a community room, beautifully maintained parks and playgrounds, tranquil lakes for fishing, and miles of walking trails
Schedule your private showing today! ☎️

🦸 REAL ESTATE MYTH BUSTED!!!

Many buyers in McKinney, Celina, Prosper, Frisco, Melissa and Anna believe they need 20% down to buy a home.

Truth: many loans allow 3–5% down.

Don’t let the 20% Down Payment Villain stop your home buying mission.

Message your Home Buying Hero if you want to know your real options. The League of Real Estate Heroes include fantastic Super Hero Lenders who love making home buying dreams come true!