The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Why Waiting for the Perfect Mortgage Rate Might Cost You More Than You Think

Why Waiting for the Perfect Mortgage Rate Might Cost You More Than You Think

By Scott Sheldon / August 14, 2024

Mortgage rates are constantly fluctuating, especially during periods of economic uncertainty or disruption, such as an upcoming election. As we approach the November elections, we can expect the markets to be more volatile, affecting both stocks and mortgage rates. Given these fluctuations, waiting for long-term interest rates to drop before refinancing may not be the…

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