Tustin Mortgage Rates Yo-yo Again
By Oren Golanski, OGolanski
(The Associates Realty Group)
Keeping an eye on Tustin mortgage rates is a useful pastime for anyone who tracks local home sales because of the immediate effect they have on affordability. It can’t get much more immediate than the “projected monthly payment” numbers that calculators come up with alongside an online listing. Those instant calculations include tax and insurance estimates, but those change rarely. The mortgage rates, are always on the move.Last Thursday, the Washington Post’s headline ran above a photo of Freddie Mac’s massive DC headquarters:“Mortgage rates fall amid fears of rising inflation.”That kind of news is always good for Tustin home buyers and sellers. Not the “rising inflation” part, of course—but the other part. Lower mortgage rates mean better bargains for buyers who become motivated to s...