I wish I had a crystal ball that I could gaze into and ask the question “Where are mortgage interest rates headed?” But since I don’t I will have to refer the question to the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA).
Both the NAR and MBA agree that mortgage interest rates are headed up and not down over the next several quarters. How much they are headed up depends upon whether you believe the NAR or the MBA are better at predicting interest rates.
If you are thinking about buying a house but you’re waiting for Spring Texas real estate prices to decrease, don’t wait too long. Otherwise the rise in interest rate will cost you more the decrease in price.
Jill was a pleasure to have as my real estate agent. Jill never left any questions unanswered and always responded... read moreJill was a pleasure to have as my real estate agent. Jill never left any questions unanswered and always responded promptly. She is highly knowledgeable in all aspects of real estate and helped out tremendously. She went over and above to achieve all my goals and I really appreciated it. I would highly recommend her over anyone else. I know from experience as I was able to sell my property stress-free with Jill. read less