When was the last time you checked on your loan?
Interest rates on loans have been on the rise over the past few months, and this trend is likely to continue!
This means that if you're looking to take out a loan, you may not be approved for as much as you originally thought.
For example, if you're looking for a million dollar loan, you may only be approved for an $840,000 loan at the current interest rate.
Don’t be discouraged‼️ There are still options available to you.
Interest rates are still relatively low compared to historical standards, so now is still a good time to take out a loan!
Talk to an experienced realtor to see what steps you should be taking to find the right loan! 📲
If you are looking to buy or sell in the Bay Area, text or call me today at 408-547-4590!
You can also visit us at https://www.homesbyspencerhsu.com/
🗓 Want to schedule a time for a free consultation?
Find a time that works for you! https://calendly.com/techrealtor
Call/text if you want to go over options for buying and selling in the Bay Area! ➡️ 408-547-4590 📲