S5, E4: Navigating Your New Construction Loan
If you're financing your custom home build, you may be asking how the current housing market will affect the cost to build your home. While rising interest rates may have some potential borrowers concerned, there may not necessarily be an impact on your mortgage rate. And, if you're working with a knowledgable lender, there are ways you can manage market changes!
While you can't control the fed or manage the cost of materials and labor, there are ways you can make the most of the money you borrow. Joe Schiermann, Vice President of Groundwork Mortgage, joined us in the Hibbs Homes studio to share his insights into the market and answer questions from our listeners on Facebook Live.