Current mortgage rate trends remain stable as lack of economic reports this week and pessimism about Europes debt crisis continue.
Thank you Nevin the nerd. Can you please explain it in English?!
Okay, don’t expect much change in mortgage rates. If there is any change in mortgage rates it will likely be getting better. So, if you have to close a home loan within 2 weeks or less I recommend you lock. More than 2 weeks, float.
If you haven’t yet decided to buy or refinance sitting on the fence is a dangerous decision because when this market turns for the worse it will do so quickly and all of the fence sitters will flood the market causing lenders to take a long time to close loans. You’ll probably miss out but hey, it’s only money right?
Contact us if you want to refinance or purchase a home. If you want to know how to get the best mortgage rate see my video below.
San Diego Mortgage- San Diego Home Loans- Best Mortgage Rate
This is not a guarantee to lend. Rates are subject to change.
Nevin Wiliams is licensed by the CA DRE Lic #01366552 NMLS#69651
First Priority Financial is licensed by the CA DRE Lic#00654852 NMLS#3257