Mortgage rates will continue to rise over the next four quarters according to Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors.
This would mean that you could no longer get a rate less than 4%. However, realize that current rates are still at historic lows.
You still get a better interest rate than someone who bought a home ten years ago. Even a lower rate than your parents did 20 years ago. And a better rate than your grandparents did forty years ago.
It is important to seek the help of a professional when buying your home. At Burgess Group Realty LLC, we help our clients find the best deals in the market. Let’s meet up so we can help you buy your home. CALL Catherine at 303.506.5669
Why You Should Buy Your Home Despite Current Mortgage Interest Rates
