Fixed rates are going up across the board. If you are thinking about buying or refinancing get pre approved and get a rate hold NOW. If you wait you are going to further miss out on rates.
If you are thinking about refinancing to get out of your current mortgage this could be great timing for you. Get a pre approval and rate hold put in place now so you have a guaranteed rate. When banks increase rates further your IRD penalty will be less than it is now, which will make even more financial sense for you to get out of your current mortgage.
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