Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Rates take a Hit. Changes to come.
I had already read this morning from another lender that interest rates rose .5% in 3 days post-election. In Ashley's post you can see it's now actually close to a full percent  at .8725%.
What does that mean for our sellers and buyers?
Usually in the short term there's a jump to action for buyers who've been on the fence with buying. It means buyers with the same money can now afford less home, so they may have to adjust from a SFH to a TH.
We're in for a ride-stay tuned.
"Election" and "politics" are likely trigger words that you avoid at your workplace, over dinner with friends, and even at home by now. After 19 months of campaign drama, the nation elected a new POTUS last week - and the ripples came roaring after. 
There was a bit of immediate volatility in the stock market, and values fluctuated a bit after the polls had closed. But what does it all mean for you, and your real estate goals? Maybe you plan to buy a home in the next year? Maybe you plan to sell your home?
As of today, financing rates for a mortgage are:
30 Year Fixed - 4.125%
15% Year ... more

__________________________________________________
Are you on The Rain? Grow Your Network!