Mortgage rates have returned to the 6.5% level as financial markets shift their focus from economic data to escalating geopolitical events. 

“If you’ve got a deal, lock it in; there’s room for mortgage rates to continue to climb higher,” Nash Paradise, director of sales at UMortgage, advised loan officers. “Brokers have flexibility that a traditional loan officer doesn’t have, which is nice, but it’s not worth the float – it’s too risky; rates being in the mid 6s still feels like a gift compared to where we were in the last couple years. But we could very easily see one or details ⇒

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