Lower Interest Rates Coming? Heres What to Expect!
Hey guys, the election is finally over and it looks like the rate environment is
improving. The feds have dropped the rates again this month and it looks like things
are starting to trend in a direction that is favorable for buyers. Well, it looks
like conventional loan limits have increased and conventional loan rates have come
down below 7 for the first time in a while. FHA and VA loan rates are in the mid
to low 6s and in some cases the high 5s. What that means for buyers is buyers
should start getting their ducks in a row to make sure they're ready to go come.
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