Dec 12 2015 9467 1

Dec 12 2015 9467 1

Mortgage Momentum Moves Rates Higher

The average 30-year fixed mortgage rate ticked slightly higher on a better than expected November employment report.  The economy added 211,000 new jobs in November exceeding analysts expectations and the prior two months were revised higher as well.  The momentum is likely to cement a decision by the Fed to begin raising interest rates this month.  

What this means is that if your serious about buying a home you need to get pre-approved by a lender now so you can still lock in the lower rates.  Scott Johnston at Security National Mortgage 480.228.5442 can get this done for you.  You need the pre-approval letter to accompany any offers you make on the homes you are considering to purchase.  

I'm available to show homes during the week and on weekends.  I can answer any questions you may have about the buying or loan process.  I believe in constant contact with my clients and will return phone calls, emails and texts withing one hour of receiving them.  Give me a call to discuss your situation so we can get started now.

Mike Dokos

Homesmart Realty 


Edna Montijo - Owner Headshot
Phone: 480-999-1156
Dated: December 13th 2015
Views: 269
About Edna: ...

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AZ Xceptional Realty
2450 S Gilbert Rd #206
Chandler, AZ