Link Realty's Monthly Report March
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9844 Overbrook Ct.
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Mortgage Rates - Here's The Deal
As you have probably seen from the gazillions of Facebook posts, mortgage rates worsened the past three days.... worsened a lot. However all the indicators point to lower rates. So what's going on you ask? Lenders are overwhelmed with volume and are having capacity issues. So in order to control their execution of the deals that are sold, they have inflated rates in an attempt to slow business.
What should you do if you want to refinance?
Start the process. Put in your loan application, get a preliminary approval, gather your documents. When rates drop again, which they will, be prepared to lock!
Here’s what our clients are saying about us!
"Professionals providing excellent service with great marketing and attention to detail. They sold two homes for me, both homes under contract within 24-48 hours! If you want great results, use the best real estate professionals ... Link Realty!"
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