Mortgage rates have escalated recently. According to the latest Freddie Mac Data, the 30- year fixed rate average is nearing 5 %. The last time the 30- year fixed was that high was 2011. But although rates might seem high, they are historically low in general.
**Always remember, the rates will change but what should be constant is one’s ability to choose a home and mortgage that fits within his/her budget. Choose a Realtor and lender who will respect your budget and will work hard to put you into a home and loan program that provides financial security. How may I help you and those you know?