In the last few months, mortgage rates have been all over the place. Reaching highs in June, the market suffered a little as a result. But now, rates are once again falling, taking dips for each of the last two weeks.
So what does that mean for you?
Obviously, lower rates mean it’s a better time to buy a house than when rates are higher. It also means you can get more house for your money. Since no one outside the head of the Federal Reserve can say for sure exactly when rates will go up until it happens, the time to act is now! So get out there and find your dream house today! Need help finding a lender? Just ask – I can certainly recommend a lender, if you’d like!
Robin Husney, Your Charlotte NC Real Estate Specialist