Senior Home Lending Advisor, Chase Bank
Q: With interest rates rising, should I wait to buy?
A: We believe that it doesn’t matter where rates are or what your friends and family are doing; purchase a home when it’s the right time for you. A home is forever; the rate is not. “Marry the house and date the rate!” If rates are rising, buy now and refinance when market conditions improve. Adjustable-rate and interest-only mortgages are a good way of lowering monthly payments to get into a home today.
Q: What is the good news for today’s homebuyers?
A: While rates may be slightly higher than last year’s lows, they are still historically very good. And with fewer people bidding on homes, we’re seeing some homes sell for list price or under, as opposed to way over list price, which we saw in recent months.
Q: What do you offer borrowers that sets you apart?
A: Chase is a full-service national bank, and we can lend in all 50 states, assisting our clients who are moving to other parts of the country. As part of the One Chase team, we can work with our bank partners to help clients with other financial services as well.
With 36 years of mortgage lending experience in the DC/MD/VA markets, I’ve seen a variety of economies. Each requires a different approach to financing, with a wide range of loan programs, payments and terms. Educating borrowers on their options is critical. Whatever the economy, one thing remains constant: The DC real estate market is historically strong and stable.
Deb / Senior Home Lending Advisor CPC / All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. Deposit and home lending products provided by JPMorgan Chase Bank, N.A. Member FDIC © 2022 JP Morgan Chase & Co.
With 36 years of mortgage lending experience, Deb specializes in conforming and jumbo mortgages on vacation homes, condos and programs for self-employed and first-time homebuyers.
Awards and Accolades:
A Chase National Achiever; Top Mortgage Broker, 2012–2015; “Top Vote Getter” for Best Mortgage Broker, Bethesda Magazine, 2017, 2021; Top Mortgage Professional, Washingtonian, 2019–2022