Rates Slowly Rising

Last week we saw an increase in mortgage rates across the board for all loan programs!  Of course, we all hope they will continue to stay where they are at or lower, now is the time to buy and refinance before they increase more!

From an article online at Mortgage News Daily, “We'd continue to advocate against trying to "get ahead" of current market movements due to the high degree of uncertainty. The long-term direction of rates has been down, down, down, for the past year. At some point, this will turn, and when it does, we highly recommend that you're prepared by drawing your OWN line in the sand as to how much rates would have to rise before you lock at a lost”

Contact me today for more information:

Danielle Hifko

New American Mortgage

910-581-6398