Wisconsin mortgage interest rates have risen steadily the past month. With a sharp increase happening in the past few days alone.
Here's a breakdown how rising interest rates effect a monthly mortgage payment with a $150,000 balance for 30 years.
3.5% $673
4% $716
4.5% $760
5% $805
If you were approved for up to a $150,000 loan with a $716 payment you now would be approved for a $133,500 loan.
Contact me today to see how the change in interest rates will change how much home you can afford.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
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Ron Meyer is a Wisconsin licensed Sr. Loan Originator NMLS #222688 with GSF Mortgage Corporation NMLS #1018 located at 300 Patriot Dr. Little Chute, WI 54140 We specialize in financing purchases and refinancing home loan mortgages for all of Wisconsin. As a local lender we pride ourselves on offering quality service before and after your closing. Our underwriting is all done in house, allowing us to have quicker than normal processing time of your loan.
