Navigating the Impact of Rising Interest Rates in the Mortgage Industry
Jason Parent Jason Parent

Navigating the Impact of Rising Interest Rates in the Mortgage Industry

Rising interest rates are sending shockwaves through the mortgage industry, leaving clients feeling like they’re navigating a rollercoaster without a safety harness. As the cost of borrowing increases, those with less-than-perfect credit find themselves squeezed, facing higher monthly payments and tighter lending standards. Meanwhile, investors are scrambling to stay ahead, with some missing out on golden opportunities due to affordability concerns. Veterans, who often rely on VA loans to secure their dream homes, are also feeling the pinch, as inflation and economic uncertainties add further challenges to homeownership. This complex landscape is leaving many clients wondering how to achieve their mortgage goals amidst the chaos. So don't forget about the government programs VA, FHA, and USDA hardly used yet highly available and give you the borrower the lowest interest rate around at a low cost. Go ahead and apply now or send us an email with your scenario and we will be happy to help you!
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