October 2018 Mortgage Update
Wednesday Oct 17th, 2018
ShareOctober 17, 2018 Just a quick update for you on the mortgage market on this rather dreary and wet start to Fall. Currently we are experiencing upward pressure on mortgage rates…now is a great time to get your pre-approvals done and hold today’s rates for up to 120 days. A reasonable rule of thumb for you to utilize as you figure out your monthly mortgage carrying costs, would be $500/month for each 100k borrowed. Residential Market Commentary – Increases in... [read more]