December 2, 2020
By Saeed Ghaffari
Interest rates kept low throughout the Thanksgiving Holiday and are expected to stay low for the remainder of the year. While we have no crystal ball to see what will happen to the rates in the future, we know these are historical lows. This means if there were to be changes to the rates, it’s more likely to be in the upward direction.
Aside from the rates, we expect the effects of the pandemic on our economy to start coming to the surface and if that happens, the outlook for property values is not positive.
With the above in mind, if you have not taken advantage of the lower rates to refinance your property, it’s time to do it now.
Mortgage Concierge is a loan advisory service connecting the borrowers to vetted lenders. Please reach out if you need help.
Call Us Today
714 469 5529
The Real Estate Market is Cyclical, Don’t Panic, Adjust! The Real Estate market is cyclical. The data shows, and it’s clear that we are experiencing one of the toughest real estate markets in the past decade. As bad as it is, there are certain agents who do well,...
Why the housing market is going from tough to terrible Do you like this Article ? Sign up HERE for your FREE M&M Account to receive more Real Estate related information and news and THIS article. M&M Membership includes: FREE Coaching Events & Workshops,...
As mortgage rates hit 8%, home ‘affordability is incredibly difficult,’ economist says Do you like this Article ? Sign up HERE for your FREE M&M Account to receive more Real Estate related information and news and THIS article. M&M Membership includes: FREE...