The 30 year fixed mortgage interest rate was at its highest in the past year this week. This was mostly due to investor’s retreat from bonds back into stocks with their money. A sign of their overwhelming approval of the Fed rate cut. We expect mortgage interest rates to fluctuate mildly in the near term.
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. And always accounting 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.