Rates on mortgages Sky rocket Post Election

By
Real Estate Agent with RE/MAX Premier Group SL3116482/SL3020723

Interest rates surged following the election of Donald Trump last Tuesday. The common 30-year fixed-rate mortgage rose to 3.95% last week, up from 3.77% the week prior, the Mortgage Bankers Association reported Wednesday. See details here

 

Rates on mortgages Sky rocket Post Election

 

Posted by

Nick & Cindy Davis

The Tampa Bay Real Estate Warriors
REMAX Premier Group
2719 SR 56
Wesley Chapel FL 33544 
813-300-7116 Direct
NickandCindyDavis@TampaHomesSold.com 
www.TampaHomesSold.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Mortgage / Finance
Tags:
buying a home
mortgage rates
getting a mortgage
nick cindy davis
interest rates rise
rates on mortgages sky rocket post election

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,675,816
Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

We've been warning buyers rate will increase-and they have.

Nov 26, 2016 01:11 PM #1
Rainer
341,256
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I knew it would go up in Dec.  according to lenders in my area.  This will make a big difference in ones payment,

Nov 26, 2016 01:56 PM #2
Rainmaker
3,426,245
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Really???   What is the doom and gloom.  The rate increase is a pitance.  Our economy was doing better with home rates at 6%.  It would be nice for people to have an incentive to save by making a little bit on their savings accounts.

Nov 26, 2016 07:27 PM #3
Rainmaker
533,968
Mark Don McInnes, Sandpoint
Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Nothing here that should scare buyers off, quite the contrary.  Still at all time lows with good reason to move now.  Mark

Nov 26, 2016 08:58 PM #4
Rainmaker
1,402,304
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Buyers need to keep an eye on the direction of interest rates - but as Mark Don McInnes, Sandpoint says - the rates are still pretty low for now

Nov 27, 2016 05:07 AM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
605,622

Nick and Cindy Davis

CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
Let Us Help You!
*
*
*
*
Spam prevention