Interest Rates for May 2021 | 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 May 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!

“Happy May! The economy is in full recovery mode and the housing market is booming. Interest rates have fluctuated almost daily over the last 30 days. 30 year fixed rates are hovering between 3-3.625% depending on loan type and borrower qualification. With employers paying extra incentives to attract workers we should see the job numbers continue to climb throughout the summer. Rates are expected to rise over the coming months as we exit from the COVID economy back into normal cycles. Lock in now both interest rate and build costs on your dream home today!”

– 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.