If you or a family member are considering purchasing, but you are waiting for rates to get to 4%, you are going to be disappointed. Interest rates will start a climb to the higher, and it will start soon. Don't miss out on the most amazing rates we have ever seen, because you think you may get .125% less. Is it worth it, if the rate goes up? A purchase changes if the rate goes from the current 5% to 5.5% which we believe to be right around the corner.
Jump off the fence, the real estate mortgage is now the perfect storm for buyers.
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