If the collapse of SVB results in a drop in mortgage rates, it could significantly impact the real estate market. Lower mortgage rates make home ownership more affordable for potential buyers and increase demand for homes. This could potentially lead to a surge in home-buying activity, which could benefit sellers who are ready to act quickly.

However, it is important to note that the impact of lower mortgage rates on the real estate market will depend on a variety of factors, including the overall state of the economy, employment rates, and local market conditions. Additionally, the collapse of SVB could have broader implications for the financial industry, which could also impact the real estate market.

Overall, while the lower mortgage rates resulting from the SVB collapse could provide a silver lining for home shoppers, it is important to keep in mind that the real estate market is complex and influenced by a range of factors beyond just mortgage rates.

To better understand what the collapse of Silicon Valley Bank (SVB) means to real estate, I asked one of my favorite people and mortgage advisors, Hunter Marckwardt, of CrossCountry Mortgage, to share his thoughts on this subject.  Please take a minute to watch this quick video and learn from Hunter’s perspective: 

Click here to view the full video 

If you have questions or want to discuss your housing goals, please reach out to us.

Dana & Team