Join Mike, Tony and their Guest Kelly Ann Worthington from Liberty Home Mortgage as they discuss rising mortgage rates.
The Fed rate has been increasing to try to slow inflation - what does this mean for mortgage rates and home buying/selling?
Sellers may want to consider giving concessions to the buyer for closing costs, pre-paids and discount points.
Kelly suggests only buying down points if you are going to stay in your home for at least 5 years. A lender can help do the math to see which options is better.
You can reach Kelly at 440/346-6003, texting is best or
by email: KWorthington@LibertyHM.com
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