Uncertainty! (On Rates)

As anyone who is in the middle of a purchase or refinance and hasn’t locked their loan yet can tell you…Uncertainty is heck on rates! And if you consider heck as 1/2 of a point, then that’s about what has happened since the conflict in Iran began.

The remedy to this situation will be the end of the conflict! At that time, we should see oil prices return to previous prices and bonus…mortgage rates drop to friendlier territory.

Until that time, if you are in need of a mortgage transaction now, then call me on my cell 707-337-5970 or landlines 530-406-2200 and 707-259-1117 so we can discuss a plan that will help you in the short term and be ready to take advantage of any long term rate changes! Talk to you soon!