Kenda Moreno Mortgage Loan Officer NMLS1287929
Are Higher Mortgage Rates Here To Stay? Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a …
Earlier this year, #mortgagerates rose dramatically. If that delayed your plans to buy a home, look at where experts project rates will go from here. While no one knows exactly what will happen, on average, experts forecast mortgage rates should stabilize over the next year. DM me to discuss how this could bring clarity to …
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make …
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to …
What’s Happening with Mortgage Rates, and Where Will They Go from Here? Read More »