In SureFire Customer Relationship Management’s weekly release of their “Markets in a Minute” for the week ending January 4, 2019 we received good news for a new year…rates are down; but, are they likely to drop even more? Below are just a few reasons why NOW may be the time to buy…
- December’s private payroll saw its biggest monthly increase in nearly 2 years, suggesting sustained strength in the labor market despite ongoing financial market volatility.
- Weak performance and volatility in stocks have driven investors to the safety of bonds. As yields fall, mortgage rates are likely to drop along with them.
- A dip in consumer confidence shows households may be worried about the economy. If the economy slows, mortgage rates could benefit further.
- Home prices are still rising, albeit at a slower pace than we’ve recently seen. Prices were up 5.1% nationally in November 2018 over November 2017.
- Although higher mortgage rates have been blamed as a factor for a slowdown in rising home prices, recent rate drops could reverse that trend.
- Home equity, currently nearing $15 trillion, has surpassed its prior 2006 “housing bubble” peak by over $1 trillion. This could help expand options for current homeowners.
*Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.
Paul and team always go leaps and bounds above expectations to get my clients to the closing table as quickly and seamlessly as possible! Thank you!
MaryGen B.
They were great to work with. They made everything run smooth and they were always there to answer questions anytime of the day.
Kimberly A.
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Paul and his team are fantastic. They communicate effectively and provide excellent care for my clients. I highly recommend them and consider them my preferred lender.
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Tiffany S.
Paul is amazing to work with, his communication is excellent!
Amy O.
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Victor C.
Always look forward to working with Paul and Bob at Interlinc. Their service is second to none.
Victor W.
Paul was awesome to work with! He kept all of us involved in the transaction up to date at all times. The transaction could not have went any smoother! And we closed right on time.
Jessica S.
I can’t say enough great things about my experience with InterLinc Mortgage! From start to finish, the process was seamless, professional, and personalized. The entire process was handled with care and attention to detail, making what could have been a stressful experience incredibly smooth. InterLinc Mortgage is highly knowledgeable, responsive, and genuinely focused on their clients. They were always available to answer my questions, provide updates, and guide me through all the options available. Their dedication to customer service is unmatched, and their expertise ensured I got the best possible mortgage terms. If you’re looking for a company that combines professionalism, transparency, and exceptional customer service, I highly recommend InterLinc Mortgage. Thank you for helping me achieve my homeownership dreams!
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