5 Ways to Get a Deal on Your Mortgage Rate

Mortgage rates have seen sharp increases over the past year, more than doubling from a low of 2.5% to a new high of 7%. There is no doubt this will impact your affordability. While housing?prices in New York City will moderate over time as a result of high borrowing costs, it is important to remember that only approximately 50% of NYC buyers pay cash. As a result, pricing corrections are likely to be less pronounced than in the rest of the country. If you are relying on a mortgage to finance your purchase, here are some ways to get a lower rate and save cash:

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If you are interested in any of these special loans, reach out to me today and I would be happy to connect you with the right banker or mortgage broker.