Current mortgage rate trend is remaining stable this morning. There is some positive news but not enough to make mortgage rates rise. Remember that good economic news is bad news for mortgage rates and bad economic news usually drives mortgage rates lower.
Long term expect to see mortgage rates rise. My advice is to not lock but rather float cautiously. If you are thinking about buying, stop thinking and call me to get started now. Otherwise be prepared to pay tens of thousands more in interest to buy the same house. Contact us.
Current mortgage rate trend is a daily update written by Nevin Williams. Contact Nevin with any questions or if you would like to be placed on his daily e mail list.
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