Thinking of purchasing a new home? Wandering about mortgage rates?
Please see the information below from Tania Shanahan McRae, with Guaranteed Rate:
I hope you are doing well! I want to make sure you are aware that in the last couple of days mortgage rates have started to rise. It is not a surprise in the wake of so much political upheaval and uncertainty right now. Rates are currently only up .125%-.25% (depending on the product) which is not much, however if this trend continues it will make a difference in your buyer’s monthly payment and potentially decrease the price they are pre-approved for. Now is the time for buyers to secure a property and lock in a rate at historic lows. I will continue to keep you informed as the market adjusts.
Have a good day and please call me with any questions!
Tania Shanahan McRae
SVP of Mortgage Lending
O: (912) 771-2270 – C: (858) 248-3529 – F: (872) 206-4349
70 Hawthorne Lane Suite B, St. Marys, GA 31558
NMLS ID: 256841
Loan Options – Mobile App – Guaranteed Rate Foundation – Agent Advantage
For up to date listings please visit kingsbayhomesource.com