{"id":15,"date":"2008-02-26T16:12:39","date_gmt":"2008-02-26T21:12:39","guid":{"rendered":"http:\/\/www.artisanhomemortgage.com\/news\/mortgage-rates-are-up-now-what\/"},"modified":"2020-03-30T13:50:29","modified_gmt":"2020-03-30T17:50:29","slug":"what-the-interest-rate-rise-will-mean-for-you","status":"publish","type":"post","link":"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/","title":{"rendered":"What the interest rate rise will mean for you?"},"content":{"rendered":"<p>Currently the national average for the 30 year fixed rate is near 6.5%. Some people out there may think that these rates are too high and are still waiting for rates to come down. In my opinion 6.5% for a 30 year fixed rate is still a great deal considering that in the 1980&#8217;s rates ranged from 9% to almost 15%. When you consider where rates were 20 years ago, rates today are a steal. Unfortunately, over the past couple of years consumers got use to consistently seeing interest rates in the 5% range and even a couple of times rates have dropped below 5%.<\/p>\n<p>My advice to you is that if you can refinance to a fixed rate where you are able to drop your interest rate by at least one full percentage point more than likely it will save you thousands of dollars over the life of the loan.<\/p>\n<p><strong>To learn more call <a href=\"tel:1-833-844-0141\">(833) 844-0141<\/a> today,\u00a0 <a href=\"https:\/\/www.artisanhomemortgage.com\/apply\/mortgage-rate-quote.html\">request a Free Mortgage Quote<\/a> or <a href=\"https:\/\/www.artisanhomemortgage.com\/prequalify-for-mortgage-in-new-york-and-pennsylvania.html\">prequalify<\/a> to find out about available mortgage options.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currently the national average for the 30 year fixed rate is near 6.5%. Some people out there may think that these rates are too high and are still waiting for rates to come down. In my opinion 6.5% for a 30 year fixed rate is still a great deal considering that in the 1980&#8217;s rates<\/p>\n","protected":false},"author":4,"featured_media":1258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-loans"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What the interest rate rise will mean for you? -<\/title>\n<meta name=\"description\" content=\"My advice to you is that if you can refinance to a fixed rate where you are able to drop your interest rate by at least one full percentage point more than likely it will save you thousands of dollars over the life of the loan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the interest rate rise will mean for you? -\" \/>\n<meta property=\"og:description\" content=\"My advice to you is that if you can refinance to a fixed rate where you are able to drop your interest rate by at least one full percentage point more than likely it will save you thousands of dollars over the life of the loan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-02-26T21:12:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-30T17:50:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.artisanhomemortgage.com\/news\/wp-content\/uploads\/2017\/11\/what-the-interest-rate-rise-will-mean-for-you.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"380\" \/>\n\t<meta property=\"og:image:height\" content=\"253\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"James Tagliarino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James Tagliarino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\"},\"author\":{\"name\":\"James Tagliarino\",\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/#\/schema\/person\/fcaa3f86ce2aaa933ef7639f3c042027\"},\"headline\":\"What the interest rate rise will mean for you?\",\"datePublished\":\"2008-02-26T21:12:39+00:00\",\"dateModified\":\"2020-03-30T17:50:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\"},\"wordCount\":171,\"image\":{\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.artisanhomemortgage.com\/news\/wp-content\/uploads\/2017\/11\/what-the-interest-rate-rise-will-mean-for-you.jpg\",\"articleSection\":[\"Mortgage Loans\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\",\"url\":\"https:\/\/www.artisanhomemortgage.com\/news\/what-the-interest-rate-rise-will-mean-for-you\/\",\"name\":\"What the interest rate rise will mean for you? 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