Interest Rates for June 2020 | 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 June 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!

“Mortgage interest rates took a sudden turn Friday, June 5. Unemployment numbers coming in much stronger than expected coupled with a market rally have driven rates up .25-.375% depending upon loan program. With the economy expected to continue its rebound in most sectors be prepared for rates to remain here for the remainder of the busy summer buying/building season. Minor cycles of highs and lows is normal. Also, do not be fooled by Federal Reserve moves that typically cause long term rates like mortgages to rise. Lock in now while you can!”

– 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.