Market Update: Rates stay low!

Great news! Rates are still extremely low. The conforming rate is currently at 3.625% and the 30 year fixed rate is at 4%. It is predicted that rates may increase slightly in the 3rd or 4th quarter of this year. 
Getting loans approved is requiring more and more red tape with final reviews a few days before close of escrow with income, assets, and credit scores being closely examined. Buyers may feel like they have climbed Mt. Everest by the time the process is completed.
Contact me for more information: ssabine@grubbco.com

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