Eagle Creek Mortgage Urges Home Buyers and Those Looking to Refinance to Act Quickly
Home buyers and those looking to refinance their current home need to do so quickly as mortgage rates continue to tick up. According to the Washington Post, the 30-year fixed-rate average for home mortgages moved from 4.31 percent to 4.39 percent as of August 1, 2013. "Anyone wishing to purchase a home needs to do so now to take advantage of these rates as mortgage lenders in Washington DC expect the rates to continue moving up," Alex Echeandia of Eagle Creek Mortgage states.