Miami Jumbo Mortgage Rates May be Increasing

Miami Jumbo Mortgage Rates

Miami Jumbo Mortgage Rates

 

Miami Jumbo Mortgage Rates Increasing Soon

Miami jumbo mortgage rates may be increasing soon.  While interest rates are at historical low levels, according to a recent post in the Wall Street Journal,  “the mortgage market is changing fast.”  “In the two days following the election, the average rate on 30-year fixed-rate conforming mortgages spiked a quarter of a percentage point to 3.87%.”

 

Why Buy NOW

Depending on how far that runs, higher rates could arrest further gains in home prices. While prices have shot up in many U.S. housing markets over the past couple of years, superlow mortgage rates have kept higher prices within reach of many borrowers.

“The ultimate problem is the impact of rising rates on home values,” said Stu Feldstein, president at SMR Research Corp., a mortgage-research firm.  He said his firm expects that by the end of 2017 rising rates will have contributed to home values declining in about one-third of the U.S.

The most important key here is locking in the lowest possible Miami jumbo mortgage loan rate for your home today, before interest rates rise.  You can afford much more house with a lower interest rate.

Don’t wait, NOW is the time to buy!

 

Why Work with Mario Quintero

Think you qualify for a Miami jumbo home loan? Then shop for a jumbo mortgage with the help of Mario Quintero of STC Loans. You must secure mortgage financing to purchase your dream home. Because of this, as a trusted Miami realtor and efficient Miami mortgage broker, Mario will help your dream home become a reality.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker. Don’t attempt to negotiate on the purchase of your home on your own. Mario helps you reach the best price through his extensive negotiating skills.

 

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.