Monday, April 17, 2023

Interest rates April 2023


 Finally we are heading in a bit better direction on the interest rates, under the 6.5% range now.  Is that great?  Yes and no.  We have been slowly declining since it hit up and over 7% weeks ago, and finally we are heading for the 6.25% range and hopefully under 6% sooner than later.  However, last year it was in the 5% range, and that was a huge jump over February-March 2022.  So, we are still getting used to the change in rates one year later.  This is the new normal, here to stay-- but hopefully we'll be adjusting in the 5% range at least...

reference article https://www.realtor.com/news/trends/mortgage-rates-just-fell-again-but-the-news-gets-even-better/


Karena has been a full-time Realtor since 2005 providing extensive knowledge of homes and land in the inland Mendocino County and Western areas of Lake County with a consistently high production record of both listing and selling. Karena began working with Kelsi Ryan in 2013 and their teamwork was honored with the Realtor’s 2018 award for best team! Using our business and service backgrounds, our clients benefit from our communication, organization and marketing skills and are able to feel comfortable and informed every step of the way. With our years of experience in pre-listing preparation, negotiating skills, contract knowledge, we help you plan and achieve the best terms possible for your purchase or sale. In 2016, Karena’s son Tristan was born, making him the youngest member of the team, and he continues to help in his own way! We are looking forward to meeting you, and we shall be here for you long after the transaction is over.  View my listings at MendoHomes.com

Areas served:
Willits, Ukiah, Calpella, Talmage, Laytonville, Hopland, Potter Valley, Redwood Valley, Upper Lake, Lakeport, Kelseyville, Nice, Lucerne

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