LIME REALTY GROUP often checks the mortgage rate to see where it’s going and lately, we’ve seen it steadily on the rise. We decided to check today and this is what we’re seeing.
The rate is currently holding at 4.65% for a 30 year fixed rate. That’s slightly up from the last time we posted but it continues the upward trend and follows what analysts are saying. The rate will continue to move upward.
If you’re in the market or thinking about buying a home and you’re looking at a loan, now is the time to act. With the rates increasing, the more home your dollar can buy shrinks with every increase. So maximize your purchasing power today and make a move. Now’s the time.
Call Lime and let us help you get started.