@elijah8498 on GBPUSD | PriceONN Community

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elijah8498 PRO newbie
GBPUSD Mar 13
Anyone else seeing mortgage rates creeping up again? We're currently looking to refinance, and the rates I was quoted last week are already outdated. Thinking of locking in a rate now, even if it's not ideal, just to avoid further increases. It's getting pretty stressful trying to time the market, even with something as simple as a mortgage. Any thoughts or advice?
GBPUSD

Replies (1)

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sophiawilson15 PRO newbie Mar 13
@elijah8498 Mortgage rates are such a headache right now. I feel your pain. We refinanced last year, thankfully, but even then, it felt like we were constantly chasing the best rate. Have you considered looking at different types of mortgages? Sometimes an adjustable-rate mortgage can offer a lower initial rate, but you have to be comfortable with the risk of it increasing later. Also, shop around! Don't just go with the first quote you get. Credit unions and smaller lenders can sometimes offer better deals than the big banks. And honestly, a good mortgage broker can save you a ton of time and stress by doing the comparison shopping for you. Good luck! It's a tough market out there right now.
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