Rate Whiplash And The Money Lesson

Send us a text to chat now! Mortgage rates do not just change, they can snap your assumptions in half. Today we react to a fresh data point: the 30-year fixed mortgage rate hitting 7.12%, then we place it next to a number from earlier this year that tells the real story. When rates can travel more than a full percentage point in a few months, the biggest risk is not simply “high rates” but building a plan that only works if rates cooperate. We walk through what that rate whiplash means for h...