Are you scared mortgage rates are going to rise 5.00% or higher before you can lock your mortgage rate with your lender when purchasing a home?
The Federal government is expected to raise the federal funds rate 5 more times this year to slow the economy and reduce inflation. So, mortgage rates are also expected to rise dramatically.
Solution: For borrowers purchasing a home from a builder, by working with the right lender now, you can get pre-approved and lock your mortgage interest rate for 180, 270 or 360 days. This will protect you from rates rising too much and you missing out on your dream house.
For more details, call Dan the Man for Mortgages at 714-310-4162.
What our clients are saying:
“We truly appreciate Dan Stone’s honesty, integrity and huge expertise in mortgage lending. After reviewing all the facts relevant to our refinancing loan, Dan helped negotiate much better terms, saving us $5000.00!! It was a pleasure working with Dan; I highly recommend his mortgage services.” -Andrea W.