Maryland Real Estate Video Blog with Jay Day

Are Interest Rates on the Rise in the Maryland and Southern PA Marketplace?



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Today, Amy World of Direct Mortgage Loans joins us again. This time, we discuss current market conditions and the state of interest rates. 

Interest rates are currently incredible. While the exact rate depends on the person and the program, as a whole they are historically low. These low rates provide many options for buyers and sellers alike in our area. 


Right now, there isn’t much inventory available in Maryland and Southern Pennsylvania. However, a lot of the homes that have been on the market have been listed for a long time. This means that, despite the small selection, you have some leverage when buying. If you wait until spring to start looking, you’re only making it harder on yourself; once spring rolls around, there will be hoards of buyers to compete with. In the current market, that means you’ll probably find yourself in a multiple offer situation. 

If you would like to see what kind of financing you are eligible for, or if you want to get pre-approved now so you’re ready to buy in the future, please don’t hesitate to give Amy a call at (433) 541-5545. 


How we helped Dan McMahon by being honest and straight forward.


"Communication between them and I was great!  Anytime they had someone interested they would text me about it, text me the results of what they thought about it.  I thought they did a fine job.  They were one of the only real estate companies that came in there an didn't try to blow smoke.  They were honest and straight forward about what the house was worth and what they thought it would sell for.  That is pretty much what it sold for!  They also made it very convenient for me to do all the paperwork."
      Dan McMahon, Home Seller

How we helped Vanessa Johnson during a difficult time


"I was overwhelmingly happy with the results.  I worked with Christina and I couldn't ask for a better realtor.  I was referred from a friend who heard their commercial on the radio.  I called them and told them my situation, that my mom had passed and I needed to sell the house.  Christina was very positive and had a plan for what to do.  The whole thing started in mid January and by June I was at closing.  The house went on the market in March and everything happened so fast.  It was beyond and above what I thought could've happened given the situation I was dealing with my moms death.  Christina stepped in and helped out and was the middle man in all the dealings.  The whole Jay Day Team was awesome!"
      Vanessa Johnson, Home Seller