Mortgage Information and relevant issues that impact the Real Estate Market. While it is difficult to compile and understand, my purpose of this blog is to find, share, outline, complain, and assist others on the best way to navigate the process to understand the process and relevant economic issues that impact it.
Home mortgage interest rates have reached their highest point in seven months.
A recent survey by mortgage lender Freddie Mac shows 30-year mortgage rates are now above 6 percent.
Analysts say, the rate hike has caused homebuyers to turn to so-called "hybrid adjustable rate mortgages".
Hybrid mortgages allow homebuyers to lock in rates for three, five or seven years.
Those mortgages averaged 5.35 percent.
I am the Managing Director of the "Lenthen Your Stride!" Coaching and Training company. We specialize in helping companies and individuals in leadership and personal development. I am also the National Sales Trainer and Coach @ "MortgageMae University" and the "Realtor Development Center".
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