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Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial August 23 2023
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Navigating the world of mortgages can seem complex, but it doesn't have to be. Here's a brief snapshot of the current market:
• Mortgage rates are on an upward trajectory, meaning locking in your rate sooner might be a smart move.
• The Federal Reserve's future actions could impact rates significantly, with new data being a potential game-changer.
• Your loan's closing timeline plays a crucial role: under 15 days, consider locking your rate; 15-30 days, it's advisable to lock; over 30 days, lock in if you can given the current uncertainties.
Understanding these nuances is key to making informed decisions. For a more comprehensive exploration, I invite you to visit the full report. It's a worthwhile read, I promise you.
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
• Mortgage rates are on an upward trajectory, meaning locking in your rate sooner might be a smart move.
• The Federal Reserve's future actions could impact rates significantly, with new data being a potential game-changer.
• Your loan's closing timeline plays a crucial role: under 15 days, consider locking your rate; 15-30 days, it's advisable to lock; over 30 days, lock in if you can given the current uncertainties.
Understanding these nuances is key to making informed decisions. For a more comprehensive exploration, I invite you to visit the full report. It's a worthwhile read, I promise you.
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com