Rising Mortgage Interest Rates Concern Home Buyers

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Rising Mortgage Interest Rates Concern Home Buyers

 

Prospective home buyers recognize that mortgage interest rates are rising and some are asking how to protect themselves in the spring market. Paul McCausland, one of our favorite Maryland mortgage loan officers, is offering a lock and shop program that locks in the interest rate for 120 days. 

Contact Paul directly if you have questions about this program

 

Paul McCausland

Mortgage Consultant

Howard Bank

Office 301-948-5255  800-474-0387

Cell 301-461-1516

Fax  443-833-8135

NMLS #455841

 

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Longwood Gardens Conservatory, Kennett Square, PA USA IMG 5911
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Photograph by Roy Kelley 
Roy and Dolores Kelley Photographs

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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Topic:
Lending / Financial
Location:
Maryland Montgomery County Gaithersburg
Tags:
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rising mortgage interest rates concern home buyers

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Rainmaker
2,030,827
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Roy, Good idea to lock in rate now before there is a large jump in rates. 

Mar 21, 2017 01:57 PM #1
Rainmaker
3,306,001
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Although it is not  a  big concern yet, it could become one for many

Mar 21, 2017 02:17 PM #2
Rainmaker
225,031
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Rising interest rates will definately impact some buyers on the home they can afford.

Mar 21, 2017 03:22 PM #3
Rainmaker
3,201,122
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Roy 

This is a good time to buy . . . . lock in the mortgage rates . . . . and close. It's not a time to procreate.

Good luck and success.

Lou Ludwig

Mar 21, 2017 04:04 PM #4
Rainmaker
946,202
Michele Cadogan
Fillmore Real Estate Brooklyn New York - Brooklyn, NY
917-861-9166 - Brooklyn Real Estate Home Sales

Rising mortgage interest rates and low invenotry means that buyers should come to market prepared  and having a lock in rate  sounds like a good idea.  

Mar 21, 2017 07:05 PM #5
Rainmaker
3,679,031
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers should read this post and lock in the rates. Thank you for sharing 

Mar 21, 2017 07:17 PM #6
Rainmaker
714,851
Thomas J. Nelson, Realtor,CRS,e-Pro
Big Block Realty 858.232.8722 - La Jolla, CA
Co-Host of Mail-Right's: Real Estate Agent Podcast

A great promotion and way to support for your lender.

Jason E. Gordon is the guy I support. I believe he has a program like this for Californians too.

Mar 21, 2017 11:08 PM #7
Rainmaker
4,234,198
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thank you very much for your comments. It is always good to hear from you.

Mar 22, 2017 05:00 AM #8
Rainmaker
3,896,268
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Roy.  A 120 day lock is very impressive and buyers should consider this very carefully.

Mar 22, 2017 05:09 AM #9
Ambassador
3,326,983
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

A 120-day loan lock program will give peace of mind to many buyers. So far I am not hearing a lot of buyers that are overly concerned.

Mar 22, 2017 06:46 PM #10
Rainmaker
4,234,198
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Your comments are always welcome and are very much appreciated.

Mar 23, 2017 03:33 AM #11
Rainmaker
4,234,198
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

The National Weather Service has issued a dense fog advisory for the Baltimore-Washington area, effective until 9 a.m. on Monday, March 27.

Mar 27, 2017 03:41 AM #12
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