Navigate the Housing Market Like a Pro: Expert Tips on Mortgage Rates

The latest trends in interest rates, mortgage forecasts, and refinancing strategies.

Where are interest rates going? Today, our preferred lender from Envoy Mortgage, Jenny, will answer this question.

Interest rates have dipped over the last two months in November and December, quite a bit over 1%, which was great for our business. Also, employment is still extremely strong, so rates will most likely drop sometime in possibly May; when interest rates go down, what typically happens is that prices start to go up. With these market conditions, the best move to make is to buy the house now since you can always refinance later. Fortunately, Jenny and her team have a program where they will refinance you at zero cost when rates drop.

If you have any questions about the market or need help with your real estate decisions, call or email us. We’re always happy to help.