Should I Wait for Lower Mortgage Interest Rates?

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win if you’re ready to buy a home. While only a slight increase in mortgage rates is projected for 2021, some experts believe they will start to rise.

Looking to buy? Let iFinance Mortgage get you pre-approved. Contact Richard Hiskey at 714-234-1534 or at richard@ifminc.com for more information. He is always happy to help!

Read the full Keeping Current Matters article here.