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Mortgage rates are rising—here’s what that means for YOU. At an average rate of 6.93%, here’s what a $300K home looks like: 💵 Down Payment: $60,000 📉 Monthly Payment: $1,960.46 (including taxes & insurance) 👩‍💼 Income Required: $5,445/month or $65,349/year 🤯 For millennials juggling rent and student loans, homeownership can feel like a challenge—but knowledge is power. How are you navigating these rates? Drop your thoughts below. #Rate #RateApp | Rate - Guaranteed Rate
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🚨 We Called It: Interest Rates Are Dropping! 🚨 The RBA just announced a 0.25% rate drop, and guess what? The market has already moved ahead of them! 💥 Here’s what you need to know: ✅ 18 lenders are offering fixed rates starting with a 4! ✅ Lower rates = higher borrowing power for first home buyers 🏡 ✅ Better cash flow for homeowners & investors 💰 ✅ Property prices are about to rise—act NOW to lock in today’s deals! The interest rate cycle has shifted, and this is your chance to get ahead. D
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Mortgage rates saw their biggest drop since mid-December, easing to 6.76% this week from 6.85% last week, per Freddie Mac. A year ago, they stood at 6.94%. ATTOM's report compared refinance loan data from the third to the fourth quarter of 2024 and found five cities with the largest quarterly increases in home loan refinancing. 5 cities with the biggest surge in mortgage refinancing due to lower rates: 1️⃣ Hilton Head, SC 2️⃣ Wilmington, NC 3️⃣ San Jose, CA 4️⃣ Buffalo, NY 5️⃣ San Francisco, CA
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