10/07/2022
I don't know about you, but I can't seem to escape this message every day...the economy is changing, and interest rates are on the rise. Unfortunately, this affects home mortgage rates too, however, the economic climate is not as bad as it may seem.
While all-time low rates of the pandemic are behind us, interest rates are still below historical averages. I know.. they seem high, right? But you know what, around the time I was just a year old (I won't age myself by sharing the exact year), rates averaged 16.63% !!
My October blog post, linked below, discusses several ways you can secure a lower rate. Even if you‘re not in the market for a new home, it’s a good idea to keep your credit healthy. That way your credit will be ready when the time comes.
Feel free to contact me if you have any questions!
404-698-0047
For many years mortgage rates have been abnormally low. But in 2022, inflation and economic uncertainty caused markets