Your Daily Homeowner Newsletter For Thursday, December 21st, 2023

Today’s edition is brought to you by ‘The Lost Superfoods book’ containing all the forgotten foods that saved countless lives.

Thursday, December 21st, 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 (7.18%)

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

• Homeowner Tip (Winterize Outdoor Faucets)

Mortgage Interest Rates Today

Today, borrowers are paying an average rate of 7.18% on a 30-year mortgage. This is flat from yesterday, and down from last week’s average rate of 7.56%.

Buyer’s Vs. Seller’s Market Index Score

The current real estate market in the USA holds a score of 60/100 on our Buyers vs. Sellers Index with no change from yesterday. This reflects a market moderately favoring sellers, characterized by sustained home price growth, lowering interest rates, and limited inventory. However, emerging trends like increased inventory and more frequent price reductions are offering buyers some leverage. Remember, this national score masks local market variations, so consult local data for a more precise picture. Looking ahead, key indicators to watch include changes in interest rates, as well as inventory levels .

Daily Homeowner Tip

As winter sets in, it's essential to protect your home from potential cold-weather damage. A key step is to winterize your outdoor faucets. Start by disconnecting all garden hoses, as water trapped inside can freeze, expand, and potentially cause the hose or faucet to burst. If your home is equipped, also turn off the outdoor water valves to further safeguard against freezing pipes. This simple but crucial task can prevent costly repairs and ensure your outdoor plumbing system remains intact throughout the chilly season.

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.