Mortgage rates have been on a rollercoaster—but are things finally calming down?
In this week’s Rate Watch, Dave Steinberg breaks down what’s happening with mortgage rates amid global uncertainty and market turbulence. After climbing from below 6% to as high as 6.5%+, rates are now starting to stabilize and move back toward the 6% range.
What does this mean for homebuyers?
With many buyers still hesitant, this could be a window of opportunity to enter the market with less competition. And if rates continue to drop, refinancing or rate adjustments may still be an option.
👉 In this video, you’ll learn:
Why mortgage rates spiked recently
Where rates stand today
Whether now is a good time to buy a home
How to take advantage of market hesitation
If you're planning to buy a home this summer, this update could help you make a smarter move.
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
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