Mortgage Rates Are Climbing

Dated: 08/30/2017

Views: 218

Mortgage Rates are Climbing… What Should I do?


Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors all project the mortgage rates to continue to increase over the next four quarters.


Don’t panic.


Let’s look at the mortgage rates over the years:


According to this chart by Freddie Mac, we are still seeing historically low mortgage rates, so while they are rising, it isn’t the end of the world, but a push to buy now.


Julie Baldino - Owner-Managing Broker

Julie Baldino is a seasoned veteran of the Pacific Northwest real estate industry, and has consistently been in the top 10% in sales for over a decade in 2 states. In order to accommodate a rapidly ex....

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