Analysts are mixed on predictions of where mortgage rates will go in the short term. In the latest Mortgage Rate Trend Survey by Bankrate.com, 60% of the analysts polled believed rates will hold steady over the next week, 20% believed averages will decrease, and another 20% believed rates will increase yet again. – Realtor.com
The bottom line is that right now is a good time to buy a new home by locking in a fixed mortgage rate.
After getting prequalified, contact me to help narrow down your home search as we pinpoint your family’s wants and needs.
Photo by denisp12