Mortgage Rates Nearing 12 month High

For mortgage loan officers and consumers this last couple of weeks have been a roller coaster watching the market and mortgage rates go up and down. Is it too late to refinance, buy, or save money? The answer is “no”. However, the period of hoping rates would go lower has probably ended, and that boat is being watched sailing away; for now.

We are not psychics looking into a crystal ball and cannot predict the future. One year ago this month we had no idea that our world would be turned upside down, shut down, and would never be the world we had known, possibly ever again because of Covid.

So today, I am here to bring to your attention to think about if it is the right time to look into your financial future. Are you in the right product? Is your plan working for you? That’s where I come in to help. As a loan officer, personally, my priority isn’t to get you to refinance. My priority is to see what is in your best interest for you, your family, and your future. I always welcome and appreciate the opportunity to put together a plan to make sure your interests are taken care of.

Will rates continue to go up? Very possible. Will they go back down to historical lows? Let me check my crystal ball. (Kidding, but probably not). But let’s jump on this together and I’ll help you make the best decision within my spectrum of knowledge.