Getting the lowest possible interest rate on a mortgage is the prime concern when finding a mortgage and the entire process of finding the best fit mortgage with the lowest possible rates can be daunting, given that the market fluctuates daily.
Many buyers hold off locking in an interest rate in hopes of getting the ultimate deal.
The monthly savings on a $150,000 loan amount at 4.75% and 4.5% for 30 years is $22.44, and while that may sound insignificant up front, the difference for the whole 30 years of the mortgage is approximately $8,000, which is considerable.
It’s impossible to predict what will happen next week, or next year, and because interest rates are at an all-time low in recent years, now is the perfect time to buy.
I can put you in touch with great lenders who will check in on you and make sure they have your best interest at heart.
Please don’t hesitate to contact me, it is my privilege to be a part of your home purchase.