Interest rate talk has been all over the news the last few weeks. Honestly, all year we’ve been hearing about it.

Start of the year we were at 2 or 2.5% and now we’re at 6%.

What we want you to know is that YOUR number could be anywhere right now depending on your situation and what types of properties and buildings you’re looking at.

This is just my quick PSA that if you’ve been in the market, be sure to meet with your mortgage professional again and find out where you are NOW, with the type of loan, the type of building, the type of property you are looking at currently.

Many variables affect the number - a Jumbo could differ from a conventional FHA, then you have 10 year arm, 30 year fixed, how long you are planning to own the property, etc. There is so much more to consider than that one number you hear on TV or on the front page of the papers.

Things have changed and keep changing, so find out where you are at the moment. If you are new to the market, DO NOT rely on Google. Take the time to talk with a professional and lay it all out in front of you - credit, price range, type of property… it all matters when figuring out what your current rate will be.

If you are looking for someone to talk to, we are happy to connect you with one of the best lenders in the area. It is worth the 15 minutes on the phone to get the truth of where the rates lie for you so you can make the right decision financially for you and your family.