Great rates are still available, but all the pressure is on increasing interest rates in the future, so now is a great time to get off your tail if you're thinking about buying!
“The average rate on a 30-year fixed-rate mortgage rose to 3.94% from 3.91% a week earlier.”
While the rise in interest rate follows a few weeks of declines, the long term indications are that interest rates for mortgages are at relative lows, and are likely to go up over time!
If you're thinking it might be the time, give us a call and we can set you up with one of our preferred lenders to discuss what rates might be and what you can afford!