An interesting thing has happened over the past few weeks since mortgage interest rates started to tick upward again… Home Buyer activity skyrocketed! Upward interest rates tend to get indecisive people off the fence. More often than that, they push people into panic mode.
With that in mind, I thought it might be beneficial to our readers if I shared a message I got from one of my trusted lenders today:
Just FYI. The bond market is poised to potentially see interest rates drop into the mid 4% range this next week. It may be only for a short time but the prospects look good. Please notify all your clients who might be perched ready to take advantage of this move.
What this could mean is that you may have a temporary window of time this coming week to grab a little lower interest rate as they continue to rise.
If you’re ready to stop kicking tires, and get serious about saving yourself some real money on the purchase of your next home, email me or call me (405-259-6565) immediately.