Stefano Doherty with First Home Mortgage

The lock in effect is real and we’re feeling it as the spring market is in full swing and escalations are returning!

Just when you thought it couldn’t get worse….
Luckily, this can reverse just as quickly as it happened! Fingers crossed 🤞🏼

New home sales is where it’s at and that probably won’t change until rates drop even more. With rates in the 5’s around the corner, any win for affordability is massive!