Townstone Financial

The last two weeks have been UGLY for the mortgage market. The average rate on the popular 30-year fixed mortgage hit 7.48%, according to Mortgage News Daily. But lack of inventory and rising rents are keeping home prices steady. It's still a seller's market here in the Midwest. But it's not only mortgage rates that are higher. Credit card debt is reaching record highs with many rates exceeding 20%! Here at Townstone, we're seeing a ton of activity with our fixed-rate home equity loan program that lets you take advantage of the equity in your home to help you consolidate your debt, lower your payments, make home improvements, etc... Purchases, refinances, home equity lines/loans, reverse mortgage, we have it all! As always, FREE 1 on 1 consultations available at: https://townstone.com/consultation-request/ Have a great week!