Mortgage rates don’t move in a straight line. They drift up, dip down, hold steady for a few weeks, then jump again — sometimes in the same day.
If you’re waiting for “your number” to refinance, that uncertainty can feel like a reason to wait on everything. Don’t start the application. Don’t pull your credit. Don’t look too closely at your current loan. Just… wait.
Here’s the thing: waiting for the right rate and preparing to refinance are two completely different activities. You can — and should — be doing the second one while you wait on the first.
Let’s walk through what that prep actually looks like. [Read more…]
If you’ve been watching the market, waiting for the “right time,” or wondering whether buying now is a mistake — you’re not alone. It’s one of the most common questions I hear from Washington home buyers right now.
If you bought your home in the past few years and your interest rate starts with a 6… or maybe even a 7… you’re not alone.
