Mortgage rates are surging again, with Mortgage News Daily showing the average 30-year fixed at 7.63%.
If you’re buying a home right now, don’t automatically throw thousands of dollars at points to buy down your rate.
We had clients buy when rates were in the low 8s in October 2023 who have already refinanced much lower.
One is saving more than $400 per month.
High rates can potentially be refinanced later. Money spent upfront is already gone.
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #MortgageRates #HousingMarket #HomeBuying #Mortgage