You may have heard that mortgage rates have been falling and are getting closer to 6 percent for a 30-year fixed rate loan. Suddenly, lower rates have opened up two big areas of opportunity: 

#1) For current homeowners: If your current mortgage rate is above 7 percent, we encourage you to talk to your lender about refinancing. You may be able to significantly lower your monthly payment with a new mortgage. 

#2) For aspiring home buyers: If you've been struggling to buy the right home that fits your budget, keep in mind that right now is an excellent time to double down on your search. Inventory and affordability are improving as we approach the fall market, creating a window of opportunity for you.  

What questions do you have about buying and selling Madison area real estate? We're always available for a conversation, and never with any sales pressure or spin.