According to a local lending expert, Drew Wright of On Q Financial, buyers now have the option to extend rate locks for much longer.  This can be great for buyers that dont want to have a quick close just to maintain the low rate.  This is particularly appealing to builders and borrowers that are investing in new construction.  At 4.25% as of last week, rates are still amazingly low and allow borrowers to buy so much more home.  If you have questions about rates or want more details, please give us a call or feel free to contact Drew Wright at OnQ Financial.

Drew Wright, Mortgage Loan Officer
NMLS #: 589370  / NC #: I-153695
Description: Description: Description: OnQ Logo large.jpgNMLS # 5654
6475 N Croatan Hwy  Kitty Hawk NC  27949
Phone:  252.207.0293  Cell:  252.256.2018   Direct Fax:  252.256.7865