30-Year Fixed Mortgage Rates Inch Upward

No need to panic, fixed mortgage rates are still at an all-time low. But given that, this may be a good time to consider getting prequalified and starting your new home search.

mortgage rates photo

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


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