Rising Interest Rates on the Horizon
We’ve said it time and time again. As a result of the improved economy, mortgage rates are rising. Hovering in the high 4 percentile rate now, if you have not already locked in your mortgage rate, do it quickly. Whether you are buying a home or refinancing an existing mortgage, lock in your lower rates today. Indeed, rising interest rates are on the horizon.
Despite growth in both mortgage rates and home prices, housing demand kicked off 2018 with its strongest January on record. So even with the higher mortgage rates, demand for homes is the highest it’s ever been.
According to National Mortgage News, “The rise in housing demand this year could be a sign that prospective homebuyers are anticipating further growth in mortgage rates. According to experts, mortgage rates are expected to near 5% by the end of the year.
Why Work with Mario Quintero?
Are you in the market to either purchase a property or refinance your existing mortgage? Are you confused about the options in the marketplace? Have a look at your options with Mario Quintero of STC Loans. Mario has been in the real estate mortgage business since 2002. Mario’s experience is tested and true. Mario has helped thousands of clients secure and improve competitive real estate mortgage interest rates .
Mario gets your deal done. Let Mario be both your trusted Miami realtor and Miami mortgage broker.
Get in Touch with Mario
I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.
Call me today at 305-598-1600 or contact me here.