This week's episode of "Recharging with Champions," hosted by Charlotte Harrill, dives into the current state of interest rates. Although rates haven't decreased, they also haven't increased, which is a positive sign.

Charlotte provides valuable information on the latest trends and offers resources like graphics and social media templates to help you share this knowledge with your network. She also discusses potential interest rate drops due to changes in oil prices and their impact on inflation.

Stay informed, be the voice in your community, and leverage this hot topic to enhance your marketing efforts. Tune in next week for more updates on "Recharging with Champions."

This Tuesday's tip is all about interest rates! If you're a prospective home buyer, understanding when to lock in your interest rate is crucial. Typically, you can lock your rate once you are under contract and have a clear closing date. However, avoid locking in if your contract is contingent upon selling your current home, as the exact closing date might be uncertain.

A good rule of thumb is to lock your interest rate when you have a property address and a scheduled closing date. This ensures you're securing the best rate at the right time. Utilize the provided graphic in your toolkit to share this information on social media, helping others navigate the home buying process. Happy posting and good luck!

Register for the FREE toolkit with graphics and easy posts based on this podcast! https://forms.office.com/r/kLg4K2VaKF

This week's Tuesday Tip is all about interest rates, specifically for prospective buyers. The key question we answer is: When can you lock an interest rate?

Typically, you can lock your interest rate when you are under contract and have a closing date in view. However, if your contract is contingent on selling your current home, it might be best to wait until you have a more definite closing date.

As a general rule, lock your interest rate when you are under contract, have a property address, and a scheduled or close-to-scheduled closing date. This ensures you secure the best possible rate without unnecessary risks.

Don't forget to utilize the graphic in your toolkit for your social media posts. It's a simple and effective way to communicate this crucial tip to potential buyers, especially those who are noticing recent drops in interest rates. Good luck with your social media efforts!