Interest Rates for December 2019 | Taylor Homes & Premier Bank

Taylor Homes knows that working with professionals is the best way to ensure the quality of our business. That’s why we work with other experts that help us to better the experience for our customers. One of these partnerships is with Premier Bank, our go-to for interest and mortgage information. We know these details can be a difficult and intimidating process of building your dream home – that’s why we have readily available contacts to help you through these decisions.

See the following update for November from our expert Market Manager, Diane Hance from Premier Bank. Pay close attention, as these updates are directly related to how building your home sooner, rather than later, could be the best move for you!

“Interest rates are trending up the last two weeks based on the president’s comments that the China Trade Deal is close to being finalized. This has been a key economic indicator for the last six months, and we’ve seen rates rise and fall on his comments as a result. 30 year fixed base rates are 3.625 ranging to 4.25 based on credit, down payment, and loan type. 

Outlook for the new year is good with most recent economic reports on manufacturing, housing and new construction all in positive territory! 

End of the year is always a great time to take a look at your credit for a fresh start to the new year! Start by checking your credit scores with each of the credit bureaus Transunion, Equifax, and Experian. Be brave and take charge!”

– Diane Hance, Market Manager at Premier Bank

If you have any questions about mortgage or interest rates when building your new home, reach out to Diane today at 513-919-3705 or at DHance@yourpremierbank.com.