For the first time in history, mortgage rates have dropped below 3%. Catalyst Mortgage CEO, Brandon Haefele, spoke with FOX40 News about what this means to consumers shopping for a new home or refinance.
Rates in the mid to high 2% range can boost buying power and save consumers an average of $400 on monthly payments compared to just two years ago. Haefele also reminds viewers of the importance of shopping around before signing to fully understand costs and fees.
Call Catalyst Mortgage at (916) 287-7777 to get started on the home owner process.