Melissa's Blog Content

Promising Trends Amid Rising

Fixed-Rate Mortgages

For Week Ending July 15, 2023

As we analyze the real estate landscape for the week ending July 15, 2023, we find a plethora of promising trends to embrace. Despite the challenges posed by rising fixed-rate mortgages, the emergence of adjustable-rate mortgages (ARMs) has breathed new life into the market. Homebuyers, especially those seeking loans exceeding $1 million, are increasingly turning to ARMs as a viable solution.