A few quick notes:
- Interest rates are projected to increase steadily heading into 2019.
- The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
- Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!
Got questions on that? Be sure to reach out to one of our premier lenders, Patrick Steele of Tidewater Mortgage, or Steve Rockefeller of George Mason Mortgage. Both are incredibly knowledgeable on everything you could want to know about the mortgage process and are willing to help out with any questions you may have.
Thank you to KCM for a great writeup!
Got questions? We've got answers! Hit us up in the comments below, or call/text us at 757-335-6111!
The Perfect House Team
Call or text us at: 757-335-6111