Where Are Mortgage Rates Headed?

Many potential homeowners look at the market and wonder about the future of mortgage rates as they consider the option of buying a home. When making such a significant life decision, it is clearly important to make a well-informed and educated decision. You want to get the best deal possible, and this includes getting a good rate for your mortgage. It is important to check back in regularly to see how the rates change from day to day and week to week. Keeping a close look at the fluctuations will help you understand when a good deal will come around and allow you to capitalize on the opportunity.  

Best day of the week to lock in mortgage rate?

It is natural to wonder about the best time to determine your mortgage rate. Many say Monday is the best day to lock in a mortgage rate. The week is just beginning and there will be the least fluctuations at that time. A key for those looking to lock in their mortgage is to avoid volatility. It is ideal to seek to lock in your mortgage at a time when the rate is consistent.  Want to know the Spire mortgage rates? Give us a call! We are always here to help.

A Lending Hand for Financing Home Mortgages

Spire Financial (A Division of V.I.P. Mortgage, Inc.) brings lending expertise to you. All of our loan officers offer personalized communication for every client, guiding them through the process. We can show you ways to maximize your finances and unlock future opportunities. Spire Financial keeps you in control of refinancing, debt consolidation, and home equity. Together, we can achieve your financial goals.



V.I.P. Mortgage, Inc. DBA Spire Financial does Business in Accordance with Federal Fair Lending Laws. NMLS ID 145502. For state specific licensing, visit www.vipmtginc.com/national-licenses/. V.I.P. Mortgage, Inc. is not acting on behalf of or at the direction of the FHA/HUD or the Federal Government. This product or service has not been approved or endorsed by any governmental agency, and this offer is not being made by any agency of the government. V.I.P. Mortgage, Inc. is approved to participate in FHA programs but the products and services performed by V.I.P. Mortgage, Inc. are not coming directly from HUD or FHA. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions may apply. This is not an offer to enter into an agreement. Not all customers will qualify.

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