2022 Q2 Mortgage Rate Update

Mortgage Rates are on the rise with a 2% increase over the past 90 DAYS. This is a national average, but can be traced directly back to our local real estate markets in Maryland and Southern PA. If you are currently in the market to buy a home, make sure you are actively talking with your lender to ensure you have the most up to date information regarding you loan. This also ensures you can properly communicate your price point with your local real estate agent to avoid searching for the wrong homes and putting yourself in a precarious position during negotiations. 

If you are looking for homes in the Baltimore Metro area, Carroll County or Sourthern PA, feel free to reach out to a member of our team to get the latest information to ensure you are making the best possible decisions with this every changing real estate market.

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