An average 30 year mortgage rate today is 3.58%, which is almost at the highest level since before the pandemic. What we’re seeing now and should continue to see is the global economy bouncing back from the bottom. We’re coming off the life support we’ve been on for quite a while and turning a corner.
Your credit score, down payment, debt-to-income ratio and loan-to-value ratio all play a role in your mortgage rate. Reach out to me if you have any questions!
