Ludy Callaway
Vice-President Mortgage Division
NMLS#267872
Why Now Is the Time to Apply for a Mortgage
If you’ve been sitting on the sidelines waiting for the “right time” to buy a home, this is your sign. Mortgage demand just jumped 20% in a single week, according to the latest CNBC report, all thanks to falling interest rates. What does that mean for you? It means the window of opportunity is open—but it won’t stay open forever.
What’s Happening in the Market
After months of higher rates, interest rates have dropped, and homebuyers are wasting no time. More buyers are getting pre-approved, locking in rates, and hitting the market before competition picks up even more.
We’re already seeing the shift. The number of mortgage applications surged, and with spring homebuying season just around the corner, this is just the beginning.
Why Apply Now?
Here’s the truth:
- Rates dropped – and we don’t know how long they’ll stay this low.
- Competition is rising – as more buyers jump back into the market, the best homes will go fast.
- Waiting could cost you – not just in rate increases, but also in bidding wars as demand grows.
What This Means for You
If you’re serious about buying this year, you have two choices:
- Take advantage of today’s rates and get pre-approved before the rush.
- Wait, hope rates stay low, and risk higher prices and more competition.
Bottom Line
There’s a lot in this market you can’t control. But getting ahead of rising competition and securing a better rate? That’s in your hands right now.
If you’ve been thinking about buying, let’s talk. I’ll walk you through your options, answer your questions, and help you get prepared to take full advantage of this moment.
Apply now—because opportunity doesn’t wait.
#HomeBuying2025 #MortgageRates #MarketUpdate #ApplyNow
Source: CNBC
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.
Powered By LenderHomePage.com