his is the first time in a year that I have had to say that mortgage rates are up. This is sad for me but the rates could not stay at record lows forever. I kept telling as many people that I could during the late part of summer 2016 that rates will go up. They started going up right around November 1st and they went up sharply after the election. It is not the end of the world or the start of the dark recession. A person in Rocklin CA can still get a low mortgage rate in case they need to do a cash out refinance. Our property values have risen tremendously since April 2012. I know that the people who thought they did not have enough equity to refinance now have enough equity to refinance. I also know that some people now have enough equity to do a cash out refinance to pay off high interest credit card debt. I just completed two cash out refinances for homeowners that are now saving $800.0 to $900.0 per month in out going bills. They both told me that relieved a lot of stress in their lives. Both of their credit scores went up also.
If you live anywhere in Rocklin or Roseville CA, and you want to see how much money you can save each month then call me.. I attached a video that talks about the real possibility that the federal reserve will raise interest rates thoughout 2017.I do want to mention that I work for a mortgage broker in Rocklin.