Link Realty's Monthly Report - December

Mortgage Rates - Here's The Deal
As you have probably seen from the gazillions of Facebook posts, mortgage rates worsened the past three days.... worsened a lot. However all the indicators point to lower rates. So what's going on you ask? Lenders are overwhelmed with volume and are having capacity issues. So in order to control their execution of the deals that are sold, they have inflated rates in an attempt to slow business.

What should you do if you want to refinance?
Start the process. Put in your loan application, get a preliminary approval, gather your documents. When rates drop again, which they will, be prepared to lock!

Get Pre-Approved Now

"I totally appreciated Link Realty's knowledge of the current market.  It was obvious that the agents did their homework and were able to establish a fair market value so that our home was sold quickly and at a fair price.  The process of both selling and buyer our new home was definitely made easier because of them. Thanks Link Realty!"

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