“The economy is performing at an increasingly high level as the stock market and major market indicators have recently flirted with all-time highs.  Unfortunately, as the economy improves, mortgage rates typically increase as well.  Although rates started the year near 4%, they are now pushing near the 5% level for the first time in years.  We are still holding on in the 4.75%-4.875% range, but with two more rate hikes forecasted by the Federal Reserve in 2018, it might not be long until mortgage rates sneak into the fives!”

“The economy is performing at an increasingly high level as the stock market and major market indicators have recently flirted with all-time highs.  Unfortunately, as the economy improves, mortgage rates typically increase as well.  Although rates started the year near 4%, they are now pushing near the 5% level for the first time in years.  We are still holding on in the 4.75%-4.875% range, but with two more rate hikes forecasted by the Federal Reserve in 2018, it might not be long until mortgage rates sneak into the fives!”