![August 2023 Interest Rate Update](https://static.wixstatic.com/media/4d1ac1_984006a4c748490eb07b93fea5f1e6f2~mv2.png/v1/fill/w_980,h_1225,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/4d1ac1_984006a4c748490eb07b93fea5f1e6f2~mv2.png)
Home loan interest rates have seen slight increases today, however, the overall market remains stable. The 30-year fixed mortgage rate is at 6.48%, and the 15-year fixed rate is at 6.00%. While these rates are slightly higher than previous days, they are still historically favorable for buyers. Whether you're looking at FHA loans (5.94%), VA loans (5.95%), or Jumbo loans (6.68%), now is a great time to explore your options.
If you've been on the sidelines, waiting for the "perfect" moment, consider this your call to action. Don't wait for rates to increase further! Starting your homeownership journey today could save you thousands in the long run. Let's talk about your goals and how we can make homeownership a reality for you.
Reach out now to Alex Watson, your trusted Realtor®, at 254-307-1596 or connect with me on social media @WatsonInvestRealtor. Let's get you into your dream home!
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Restoration 43, LLC
Ph. 972-210-3743
Email: team@restoration43.com
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