In the next few weeks there is a 62% chance that the Fed will cut short term interest rates again by .75%. Based on what we have seen thus far this will further ignite inflation sending mortgage interest rates higher for the near term. Therefore, if you or your clients are considering a refinance, now is the time to consult with a mortgage professional on the need and the possible benefits of a refinance.
Today’s home financing and refinancing require 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.