Yes, the average 30-year fixed rate is really high!! The average homeowner stays in their first home less than 10 years, due to moving up to a bigger house, better school district or job relocation.
Why not save a ton of money with a 10/1 ARM rate and payment?
Solution: 10/1 ARM loan:
  • 6.125% rate, 6.174% APR
  • 20%+ down payment, 740 FICO to $766k loan
  • No points
  • $650 lender fees
Per Google, the average 30-year fixed mortgage rate is 7.672% today.
Government agency Fannie Mae forecasts rates to drop over the next 1-3 years:
Fannie Mae Mortgage Rates Expected To Dip Below 6% in 2024
Call me at 714-310-4162. When you want the BEST loan program at the lowest rate and fees, Dan the Man for Mortgages is the solution.
Rave review on Google:
“Dan Stone quickly identified a lender and met all of our criteria for a viable refinance. Dan will service you throughout the process, ensuring that everything is completed efficiently and answering all of your questions. I highly recommend using his services.” -Paul R.