Fixed rate mortgages on the rise?

This week 5-year bond yields have reached a three month high.  As a result we may see a 5-10 bps bump in 5-year fixed mortgages.

If you are thinking of purchasing a home be sure to contact a mortgage professional to lock in your rate in anticipation of this change.  If you are in need of  a mortgage professional we would be happy to introduce you a member of our team.

No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above: