Mortgage interest rates
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For many buyers, the news that mortgage interest rates are rising this year can be super disappointing. Experts project that standard interest rates will range from 3.3% to 6% in 2022. But when we look back, those interest rates are actually AMAZING. You probably hear a lot about the “good old days” of real estate, but back in the 1980, interest rates were around 12.7%. And the 70s weren’t much better with a rate of 8.86%. In fact, interest rates only really started to go down around 2010.
Porting a mortgage is a great way to keep your current loan terms when buying a new property. Here's what you need to know about it.
Hi friend! Have you, like many others, been keeping an eye of the mortgage interest rates? I know I sure have. It is probably one of the most popular questions in my industry. Well today I wanted to share another article the National Association of REALTORS® released..
Renewing your mortgage? Familiarize yourself with important terms like renewal term, interest rates, and refinancing options. I'm here to guide you through the process with clarity and expertise! #MortgageMadeEasy #HomeBuyingTips #FirstTimeHomeBuyerTips #MortgageAdvisor #LondonOntario
Mortgage rates are constantly changing, but do you know what dropping rates could mean for you? Whether you are looking to buy or looking to sell, a drop in interest rates can impact what the market will look like for you. Here are some ways the market is impacted!
Curious about what influences your interest rate? 🤔 From your credit score and loan type to economic conditions and Federal Reserve policies, several factors can impact the rates you receive. Understanding these can help you make informed decisions about your mortgage or loan. Ready to explore your options and find the best rate for your needs? Contact us today and let’s navigate the financial landscape together! 🏡
Your credit score affects both your application approval and the mortgage interest rate you'll end up paying.
How to understand mortgage interest rates. A mortgage interest rate is a big part of a mortgage loan, learn all about it! Check out these help tips for understanding mortgage interest rates. Visit for more home buying tips directly from a mortgage lender. We teach home buyers to save money & buy a home with confidence. Real estate home buying tips, loans, refinancing, appraisal, mortgage lenders | NMLS# 91445
