Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial February 14, 2024

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Navigating the mortgage market can be tricky, but I'm here to simplify it for you with the latest updates. Here’s a quick snapshot:

  • Rising Rates: Mortgage rates are trending up, influenced by recent inflation data.
  • Federal Reserve Impact: The Fed's decisions directly affect mortgage rates. No rate cuts are expected soon.
  • Locking in Rates:
  • Less than 15 days: Lock in to avoid higher rates.
  • 15-30 days: Lock in, as little improvement is expected soon.
  • Over 30 days: Consider floating, but locking is also safe.

Read the Full Report: For a deeper understanding,.

If you or someone you know is looking to buy, sell, or refinance, let's connect! Your referrals help us assist more people in making informed decisions about their home financing needs.

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