Interest Rates are Moving Up

Posted by Bob Selensky on Nov 15, 2016 in Buying

Rates are moving up.  

It could just be reaction to the election but you never know. Talk to your lender about getting preapproved and your plans to find a home.  


Without actually having an offer to purchase accepted, you can't lock in your rate.  That means that you're vulnerable to whatever the rate market is doing and on a day to day basis, it can be volitale.  It can cost you big $$.


Plan accordingly and protect yourself!!