We got blessed with a tiny tick down in mortgage rates last week.  That move coincides with the first positive increase in purchase applications in six weeks.  Purchase demand remains sensitive to the movement of rates, rightfully so as supply refuses to budge keeping inventory staggeringly low.  It's a great time to sell a house if the situation is right and makes sense or natural life cycles call for it.  With inventory so low, mortgage rates are our current only hope to make homebuyers more agreeable to this market.  Mortgage rates can vary widely from big lenders to small lenders to individual brokers, so it's incredibly important to shop lenders and see who has the best combination of qualities and low rates.  An important note, the lowest rate doesn't always mean the best service or attention to detail.  The lender we choose to go into the offer battle with can be the difference between winning and losing our dream house.  Does your lender pick up the phone when you call?  Does your lender call the listing agent to tell them how great and strong you are as a buyer?  Does your lender have the experience to figure out your complex financial situation?  Does your lender have the experience and network in the industry to get the job done once in escrow?  This is why getting pre-approved from a lender is absolutely A1 for a buyer that I speak with who is considering buying a house.  No preapproval letter?  We aren't showing houses, period.  Getting started early is so very important to figure these things out and also make sure we qualify for the amount of house we want.

What are you seeing or hearing? I'd love to know paul@guiderealestate.com
Visit www.paulpelettarealtor.com

Timeless Charm with Modern Flair.  This Stanford Ranch single-story home seamlessly integrates classic charm with modern finishes. The newly installed luxury vinyl flooring, new pristine baseboards, and new tasteful wall paint create a timeless and contemporary ambiance. The newly upgraded light fixtures are captivating focal points that glow warmly over the entry and dining areas. The kitchen, with beautiful new quartz counters, is surrounded by white cabinets, a new stainless steel sink, and a dishwasher. Strategically placed recessed lights enhance functionality and aesthetics, creating a cozy atmosphere. The home effortlessly combines classic and contemporary design, offering a comfortable and stylish living environment for those seeking character and modern amenities. During the warmer months, relish the delights of a roomy backyard and bring to life the oasis you've always envisioned. Conveniently located near excellent schools, walking trails, shopping, and a variety of delightful restaurants, this home is an ideal choice for those seeking the advantages of living in Rocklin.

  Listed at $575,000 by Jill Van Dusen - GUIDE Real Estate
3409 Leland ST, Rocklin, CA 95765

Know someone who may be interested? Let me know at paul@guiderealestate.com

*These rates are courtesy of Dara Delgado - Home Loans*