We believe the long range outlook for the 30 year fixed rate to be *6.0%-6.5%. We expect continued daily volatility within this range for the near term.
Mortgage interest rates continue to take their cue form whatever market momentum presents itself. Be it a falling stock market due to corporate profit warnings, rising oil prices, continued housing market woes, and/or economic reports data.
Today’s home financing requires a mortgage professional able to secure a loan program, terms, and an interest rate that best suit your overall financial strategy and your current financial needs. Your mortgage professional should also account for the current, short-term, and long-term future economic outlook.
The David M. Damare’ Team is committed to securing your financial lifestyle using the latest market monitoring tools and mortgage lending strategies.
Rates available anytime upon request at 919.851.0999.
Thank you for the opportunity to serve you.
*Rates include a 1% origination fee. Terms and conditions apply.