If you plan to build soon, you may want to keep an eye on the daily mortgage rates. They continue to rise! The people who were able to lock in during the historical lows of 3.25% were oh so lucky - well seems like those days are over! As of today we are at 4.37 - 4.62% for a 30 Year Fixed. :(
So if you can afford to do so early - you may want to meet with your Lender and discuss options of locking in the interest rate before they go up again. Right now we plan to just wait it out until February and keep our fingers crossed tight that the rates stay pretty stable for the next 60 days!
Helpful Sites to Watch Daily Mortgage Rates:
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