Mortgage Rules You Should Break

In early 2022, mortgage rates were down around 2.5 percent. Today, they’re closer to 7.5 percent. On a 30-year, fixed-rate loan, this means your monthly payment would be up by 77 percent. Talk about financial whiplash! Even though, historically speaking, interest rates have returned to normal for single family homes (between 6 and 8 percent), … Read more