Nathan Rufty - Home Loans

Trying to time the mortgage market is a lot like going to Vegas, and most people do not come out ahead.

After 30 years in the mortgage industry, I have watched these cycles go up and down more times than I can count. When I started, rates were at 18%. The pandemic brought the lowest rates most of us will ever see in our lifetime, and it took a once in a hundred year event to get there. That ship has sailed. Waiting for rates to drop an eighth or a quarter of a percent is not a strategy. It is a gamble, and the market proved that again just last week when rates dipped for a day or two and then went right back up.

The place you can actually win is not on the rate. It is on you. Your credit, your income, your down payment, and your assets are the three variables you can control and improve right now while you wait for the right moment to move.

If you are in California, Arizona, Nevada, or Utah and want to talk through your options with no pressure, reach out to Nathan Rufty at Canopy Mortgage. All contact information is below.