Interest rates continue their ebb and flow with the release of economic data showing the progress made with inflation. The coming election will be a variable, possibly even more so with July's unprecedented events. We've seen recent improvement due to consumer price index and unemployment data indicating a light at the end of the tunnel, so we may see a rate cut by the end of this year but only time will tell for certain.
Buyers need to know the mortgage they use today to purchase a home is only a stopgap to get through this high rate environment. Get the house now; refinance to a lower payment in a couple years.
About IntroLend Carolinas
IntroLend Carolinas is a mortgage marketplace that allows you to compare your options side-by-side, giving you the confidence to know you are receiving the best possible rate and terms. Helen Adams Realty has dedicated finance managers in their offices who have been in the mortgage and customer service industries for decades and understand how to take great care of any borrower in any scenario.