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November 7, 2023
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November 7, 2023

Mortgage Rates Today November 7, 2023

Mortage Rates Today

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It's as if the interest rates - the heartbeats of the housing market - are currently idling in the pit stop, fine-tuning their engines for a dramatic race ahead.

The year 2024 promises to be a year of remarkable transformation in the real estate world, and the fuel for this incredible ride may just be a potential drop in interest rates.

So, fasten your seatbelts, because we're about to explore the possibilities that could supercharge the real estate market, making it a year to remember. Get ready to rev up your understanding of mortgage rates as we navigate through this pivotal moment together.

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Are you ready to make homeownership a reality? Run your numbers or schedule a free consult with our team to see if the math makes sense for you!

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Gaylord-Hansen's "Mortgage Rates Today" show airs daily on YouTube.

Video Transcript for
Mortgage Rates Today November 7, 2023
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Featuring:
Bill Gaylord
, NMLS
680603
|
Gaylord-Hansen Team at CrossCountry Mortgage

The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative.

Estimated Mortgage Payment is for exemplary purposes only. Contact a licensed loan officer for exact numbers and APR. Additional rates and terms may apply and are subject to change without notice. Loan scenario assumes a purchase price of Zillow's list price and a 10% down payment. Points and fees not included. Property tax, homeowners insurance, mortgage insurance, and HOA fees are approximate and may vary. Other fees may apply. Product displayed is a conventional 30-year fixed rate mortgage using the current average rate as shown on Mortgage News Daily (mortgagenewsdaily.com).

Estimated Qualifying Income assumes a homebuyer has a FICO score above 740, no other credit debt, and a debt-to-income (DTI) ratio of 43%.

For exact numbers and APR or to run a loan scenario based on your own credit and income, contact our office at (858) 259-8700.

Rate Source: Mortgage News Daily. Rates displayed are approximate, subject to change, and do not necessarily reflect rates available to you. MND’s methods involve an objective component based on lenders' raw prices as well as a subjective impression from their network of originators. For more information about how these rates are calculated, visit www.mortgagenewsdaily.com/mortgage-rates/about.

Mortgage News Daily (MND) is a trademark of Brown House Media, Inc. Zillow is a trademark of Zillow, Inc. CrossCountry Mortgage has not been authorized, sponsored, or otherwise approved by Brown House Media, Inc. or Zillow, Inc.

Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call (858) 259-8700 for details. All borrowers must meet minimum credit score, loan-to-value, debt-to-income, and other requirements to qualify for any mortgage program. CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the federal government. CrossCountry Mortgage, LLC is not affiliated with or acting on behalf of or at the direction of the Veteran Affairs Office or any government agency. Certificate of Eligibility required for VA loans. By refinancing, the existing loan total finance charges may be higher over the life of the loan.

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