A picture always helps to put things in perspective. Thanks to Steven Castaneda at Triumph Lending for providing this visual.
While rising interest rates are always a concern to us. Historically, rates are still very low. It may not be a good idea to wait for lower rates.
Steven’s contact info is below.
Richard & Sherri.
Top 1% of Mortgage Originators in America – Mortgage Executive Magazine
Triumph Lending | NMLS# 286120