Your Daily Homeowner Newsletter For Wednesday, December 27th, 2023

Today’s edition is brought to you by our partner Bed Bath & Beyond. Now holding their annual end of the year clearance sale, it’s a great time to find limited time deals, and shop home goods at the lowest prices.

Friday, December 27th, 2023

Good day neighbor!

This is 'Welcome To My House' your neighborly newsletter. Each day, we bring you current updates on interest rates, insights into the current housing market for those thinking about making a move, and a homeowner tip or reminder, offering practical advice to enhance your home life and maintain your property's value. Think of us as your friendly next-door neighbor, always here with quick, useful info to help you navigate the world of homeownership. .

Here’s what we have for you today:

• Current Interest Rates On A 30yr Home Mortgage (7.00%)

• Buyer’s vs Seller’s Market Index (60)

• Homeowner Tip (Emergency Preparedness)

Mortgage Interest Rates Today

For today, December 27, 2023, the average interest rate for a 30-year fixed mortgage is 7.00%. That's a bit lower than last week, when it was 7.08%. If you're thinking about refinancing your mortgage, the average rate for that is now 7.16%, which is slightly down from 7.17% last week.

Buyer’s Vs. Seller’s Market Index Score

As we say goodbye to Christmas and get ready for the New Year, our real estate market score is still at 60 out of 100. What this means for homeowners is that it's still a pretty good time to sell your house. House prices are still going up because there aren't enough homes for everyone who wants to buy. But there's some good news for people looking to buy a home too. Mortgage rates have gone down a bit, and there are a few more houses to choose from than before. This score is a general idea of what's happening across the country, but things might be different where you live. We'll keep an eye on how interest rates and the number of houses for sale change, which will help us understand what might happen in the real estate market as we move into the new year.

Daily Homeowner Tip

As we get closer to the new year, take a moment to update your emergency preparedness kit. Ensure it includes essentials like a three-day supply of water and non-perishable food, flashlights with extra batteries, and a basic first-aid kit. Don't forget to add a battery-powered or hand-crank radio, a multi-tool, and emergency blankets. Tailor your kit to your family's needs by including necessary medications, baby supplies, or pet food. Regularly check and replace expired items, and keep your kit in an easily accessible place. Being prepared with a well-stocked kit is your first step to safety in emergencies.

That’s all we have for you Today!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. Some links may be affiliate links that we earn a commission from if you purchase, this helps us keep the newsletter going.