Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in theirContinue reading “With Mortgage Rates Climbing, Now’s the Time To Act”
Tag Archives: mortgage rates
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out,Continue reading “Don’t Wait for a Lower Mortgage Rate – It Could Cost You”
Low Interest Rates Mean Buyers Can Win, Even in This Seller’s Market
Affordability is top of mind for homebuyers. The good news is, it’s actually more affordable to purchase a home now than it was 15 years ago. When adjusting for inflation, the typical mortgage payment today is 26% lower than the median payment in 2006. DM me today so we can talk through the full affordabilityContinue reading “Low Interest Rates Mean Buyers Can Win, Even in This Seller’s Market”
Tracie Parzen Realtor 