Probably will be going up in the near future.
There is a good chance that we are due for a correction. However, the long-term perspective and general agreement between all experts is that rates will be going above 4-5% in the next year or 2. It would be in your best interests to get your file in line for underwriting, if you have not done so already. This way, you can take advantage of a 10 day or 15 day rate lock as this will help you to get the lowest cost rate. We would love to quote your deal and help to get you into the underwriting line. No cost for this service. David Ortega - Satori Mortgage - www.SatoriMortgage.com - 954-900-9788 - info@satorimortgage.com
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