Mortgage Minute brought to you By Geneva Financial Jun 22 2023

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Navigating the world of home finance can be tricky, but we're here to make it simpler. Here's a quick snapshot of the current housing market:
Key Points:
- Today's housing prices are slightly better than yesterday's, but not as good as the best we've seen recently.
- The Bank of England's recent decision to increase its main interest rate has had a negative impact on our market.
- If you're planning to close a loan soon, it might be a good idea to lock in your rate now, as rates haven't improved much in weeks and are unlikely to do so in the near future.
- If you're closing a loan in more than 30 days, you can wait a bit longer to lock in your rate, but be cautious as the outlook isn't great.
For a more detailed understanding of these points and to get a comprehensive view of the current housing market, we recommend reading the full report.

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