This Week’s Mortgage Rate Trend
When looking into mortgage options, it is important to research the mortgage rate trend and review what mortgage experts predict. As home loan originators, we work hard to stay up to date on the mortgage rate trend for our clients. Here is the latest mortgage rate trend forecast for this week.
Mortgage experts mostly expect rates to either remain the same or rise in the coming week (Feb. 4-10). In response to Bankrate’s weekly poll, 50% said rates will go up next week and 42% said they would stay the same. But there was some dissent: 8% said next week will see mortgage rates decline again.
What is Refinancing?
Based on the mortgage rate trend, it might be a good time to consider refinancing your current mortgage. Refinancing is the process of paying off your existing mortgage with a new mortgage. Typically, you refinance your mortgage to reduce your interest rate and monthly payment or change the length (or term) of your mortgage. You may also refinance to take cash out from your home’s equity.
Your Rate Options
A great way to begin the process of refinancing is to look at your rate options. We would love to help you out. Click the link below to determine what rate options are available to you: https://gibsonratecheck.com
Are you curious about how the refinance process works? Here’s how our home refinance process works:
- Complete our simple home refinance analysis request.
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
We Want To Help
As licensed loan originators serving all of Colorado, we primarily utilize United Wholesale Mortgage to offer the highest quality service and technology to make the mortgage process as easy on our clients as possible. Our top priority is to provide the best service AND the best rates.
As brothers and Colorado natives, we serve mostly friends and family. Client satisfaction and referral business is our focus.