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 is a very experienced agent. Her knowledge of the market and the Spring area was apparent from the very... read moreJill is a very experienced agent. Her knowledge of the market and the Spring area was apparent from the very beginning. As a first time home buyer, I was unfamiliar with the home buying process and she explained every step and answered all my questions. She is very responsive to all levels of communication and conducts herself in a extremely professional manner. She helped me get through an unusual buying situation and ultimately helped me find a great home that met my needs. I will most definitely use Jill's services the next time I need a real estate professional. read less