Hi Michael. Steve macs got us a mortgage. But we are still in this chain and it’s not been activated as such ( if that’s the correct terminology) With the rates going up which would follow the trend with other countries around the globe , would there be a situation where the mortgage company would rewrite this mortgage offered to coincide with the suspected rise . Or would it be written and stay as it was when it was offered? Missed ya for a bit pal. Just going back through your previous info and videos.
What do you all think? Do you expect rates to rise and if so how much?
Excellent channel 👏 👍
Thank you
Hi Michael.
Steve macs got us a mortgage. But we are still in this chain and it’s not been activated as such ( if that’s the correct terminology)
With the rates going up which would follow the trend with other countries around the globe , would there be a situation where the mortgage company would rewrite this mortgage offered to coincide with the suspected rise .
Or would it be written and stay as it was when it was offered? Missed ya for a bit pal. Just going back through your previous info and videos.
If you have the offer then your rate won’t change unless the offer expires (usually valid for 6 months) before you complete and you need to reapply
@@Progressfs cheers mate. Just had the go ahead this afternoon to get searches done or at least let the teams know to get ready