What’s happening with mortgage interest rates? They’ve been rising lately, but what does that mean for you? Will they change soon? To answer these questions, we’re speaking with Nate Gafgin and Brent Honshell, two mortgage experts who have helped countless clients.
You both recently changed companies. Who are you working with now?
We’re now working with Lend First Mortgage, which is a division of American Pacific Mortgage. Our new direction is exciting because we have access to support and resources we didn’t have before. Now we can provide better services to our clients.
“Our current rates are still historically low. “
So what’s happening with the market?
Rates have been rising recently, and buyers and sellers have been cautious as a result. However, our market is still very strong. Rates have leveled out, and people are getting used to where things are. It’s likely rates could increase further throughout 2022, but we don’t think they’ll increase much. Our current rates are still historically low, so if you’ve been considering buying a home, now is a great time to make a move.
If you already own a home, you may be surprised by how much equity you have in your property. Recently, we’ve been helping people use their equity to pay off debt, make investments, start a rainy-day fund, and do anything else they’d like. It’s been fun, and we look forward to helping more people this way in the future.
We would like to thank Nate and Brent for speaking with us once again. If you would like to reach out to them, contact us; we’d love to put you in touch. As always, if you have real estate questions, please call or email us. We look forward to hearing from you!