There is a lot of talk and prediction about the future of mortgage interest rates and home sales prices. The variables that lie in the future for both of these topics will happen. What does this mean for those of us who are considering refinancing or purchasing a home? It means that interest rates and home prices may go up or may go down.
Whichever happens in the future, it is important to realize now is a good time to buy or refinance. Yes conditions might be even better in the future, but maybe not.
A recent article from MortgageNewsDaily.com points out the volatility in the future, and also reflects on the fact that conditions today are still great for mortgage financing.
Read their article here:
Low Rates Will Face More Volatility Risk in Coming Weeks.
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