Mortgage Rates Improved!! Now What?

Edgar DeJesus • July 20, 2021

Yesterday we saw a very nice improvement in mortgage rates. Please keep in mind mortgage rates are already low, and now they're even lower. 

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You may not know this, but mortgage rates are always fluctuating. Mortgage rates move hourly. They move daily, and on some days, they can go up or down several times, even within the same hour.

 

Timing is everything. 

 

If you’re buying a home and you previously were pre-approved, call your lender, your mortgage broker, or loan officer and ask how much more home you can afford based on where mortgage rates are right now. You may find you can actually afford a little more home or maybe just enough for the home you want to make an offer on.

 

Suppose you’re a homeowner and considering refinancing. Mortgage rates are at historic lows, and now is the time to see a fantastic amount of savings. If you successfully refinance to lower your rate, you’ll find that the closing costs you pay, most likely from your home's equity, are an investment for the amount you’ll be saving. 

 

Whether you are buying or refinancing, if you do not have someone who can answer all of your questions, reach out to me.

My name is Edgar DeJesus. I’m the mortgage advisor and branch manager of Treasure Coast Home Loans. 

 

Today’s market requires you to have a skilled negotiator and consultant, like me, helping you and the people you care about right now.

 

Call or text, (772) 444-6362, with any questions that will let me separate opinion from opportunity. 

 

Thank you for taking the time to read my latest real estate and mortgage report.



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