🏃‍♀️ Mortgage rates dip, applications surge

Buying or selling a home? Here’s what you need to know ͏ [Better] [Better]( Win a home of your choice Yup, that could be up to $500,000 toward the home of your choice. [Enter to win]( Terms apply1 Win a home of your choice Yup, that could be up to $500,000 toward the home of your choice. [Enter to win]( Terms apply1 Homebuyers Homebuyers Watchful homebuyers pounce as rates dip Mortgage rates dropped by about a point last week. While this might not seem very significant, even a marginal drop in rates can have a real impact on the [affordability of a home](. Motivated buyers are always on the lookout for shifts in the market that can offer a slight advantage, which is why loan applications surged by roughly 4% in response to this recent drop.² These same savvy buyers are also likely incorporating refinancing into their long-term buying strategy, planning for future market corrections and the opportunity to lock in even more favorable rates down the road. Remember: Rates are temporary. Homes are forever. This strategy might make sense for buyers planning to be in their homes for long enough to recoup on the [costs of refinancing](. And for buyers who finance with Better Mortgage, the cost of refinancing could be completely covered if rates drop in the next three years.³ Better Mortgage Buy now. Refi for free later³ Buy or refinance your home today, and if rates drop in the next three years, we’ll cover all the costs of your refinance.³ [Learn more→]( Better Mortgage Buy now. Refi for free later³ Buy or refinance your home today, and if rates drop in the next three years, we’ll cover all the costs of your refinance.³ [Learn more→]( This time next year, you could be sitting hearthside in your own home. Home Inspection 🔎 Home Inspection 🔎 What’s the top market to buy a vacation home? A. Hilton Head Island, SC B. Cape Coral, FL C. Boothbay, ME D. Lake Anna, VA Find the answer at the bottom of this email. Better Follow us for more homebuying tips and tools [Follow us on Instagram]( Better Follow us for more homebuying tips and tools [Follow us on Instagram]( Home Sellers Home Sellers Sellers still control the market The total number of homes for sale has increased slightly, but inventory remains low overall—meaning the advantage stays squarely in the hands of sellers. Looking for ways to stand out and generate interest with your listing?. Consider the power of now. Listing today rather than tomorrow can give you a leg up on the competition. In a winter market when many other sellers put their plans on pause and resume after the holidays, timing is a powerful strategy. Better Real Estate Find out how you can list your home for 0%4 [Connect with an Agent]( Better Real Estate Find out how you can list your home for 0%4 [Connect with an Agent]( Homeowners Homeowners Where to invest in a vacation home Many suburbanites don’t get to enjoy winter properly—sure the first snowfall is magical, but then the drudgery of de-icing and shoveling sets in. City dwellers are no better off, having to deal with slippery sidewalks and poorly plowed streets. Looking to immerse in a proper winter wonderland? Here are some scenic places to [buy a vacation home]( and take cozy to a whole new level: 01 01 The Blue Ridge Mountains On the western edge of North Caroline, towns like Banner Elk offer homes with easy access to ski resorts. Median prices clock in around $450,000. 02 02 The San Juan Mountain Range Parts of this area in southern Colorado get the most snow in the state (!), with median home prices under $400,000 in the up-and-coming town of South Fork. 03 03 The Poconos A great area for skiing in the Northeast, with affordable median home prices under $300,000—shocking for the location.5 Better Mortgage Curious about buying a vacation home? Let us know at (415) 523 8837 or hello@better.com Better Mortgage Curious about buying a vacation home? Let us know at (415) 523 8837 or hello@better.com Home Inspection 🔎 Home Inspection 🔎 What’s the top market to buy a vacation home? A. Hilton Head Island, SC B. Cape Coral, FL C. Boothbay, ME D. Lake Anna, VA [Source for quiz]( 1 See Better [Home Giveaway Official Rules]( 2 [Source]( 3 The Better Buying Guarantee consists of up to $3,500 in lender paid credits, which shall be provided by Better Mortgage and used by the customer to offset the Covered Fees (defined below) assessed at the first time the Mortgage Loan is refinanced with Better Mortgage, which must take place during the time period which is six (6) months after the close of the Mortgage Loan and within three (3) years of the close of the Mortgage Loan (the “Refinance Period”). “Covered Fees” include: Lender’s Title Insurance Policy Fees; Owner’s Title Insurance Policy Fees; Appraisal Fees (includes second appraisal fee, appraisal re-inspection fee and appraisal recertification fee, if applicable); Flood Certification Fees; Credit Report Fees; and Other Settlement Fees (includes notary fees, settlement fees, recording services fees, transfer taxes and government fees, deed preparation, courier messenger fees, and endorsements). Discount points are excluded. See full [Terms and Conditions](. 4 See terms for [the Better Real Estate Listing Fee Discount]( Available to buyers using a Better Real Estate Agent in AZ, CA, CO, FL, GA, IL, MD, MI, NY, NC, PA, SC, TX, VA, WA and DC. Better Real Estate's standard 1.5% listing fee applies to buyers in all remaining states wherein Better Real Estate is licensed and performs listing services. 5 [Source]( [Better] [Better] [social]( [social]( [social]( [social]( © 2022 Better Holdco, Inc. and/or its affiliates. Better is a family of companies. Better Mortgage Corporation provides home loans; Better Real Estate, LLC and Better Real Estate California Inc License # 02164055 provides real estate services; Better Cover, LLC provides homeowners insurance policies; Better Settlement Services provides title insurance services; Better Connect, LLC dba Better Attorney Match provides real estate attorney connection services; and Better Inspect, LLC provides home inspection services. All rights reserved. Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 World Trade Center, 175 Greenwich Street, 57th Floor, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. Equal Housing Lender [Equal Housing Lender]. [NMLS Consumer Access]( BETTER MORTGAGE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, PROMOTIONS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. 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