Mortgage rates and housing market…

The housing market is heating up…based on the volume of Pre Approvals this looks to be a banner year for homes priced correctly and  updated. They are selling fast!  As for mortgage rates, they are still  low but off the lows of the fall/early winter.  The trend will be for rates to rise until there is reason to slow the equity market which could help rates.  With so much uncertainty, I would lock in any refinance loans now and lock your purchase loans as soon as possible.  Call me today at 314.835.1005 x16 to act.

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