A topic currently garnering a lot of buzz is mortgage rates. Let’s discuss:
- We’ve been at an all time low for so long that the industry is starting to whisper that a rise is on the horizon.
- According to one lender I spoke with, he believes the continued strength of the stock market will be driving rates towards the 5% mark.
- A 1% difference in your mortgage rate means approximately a $100.00 increase in your monthly payment.
- It’s a great time to buy or sell while the rates remain low! Give me a call! (503) 970-9866