Josh Kostelyk - NMLS 101918🎢 Mortgage rates have been on quite the ride in 2025! Curious about where they might head in July? Experts have some thoughts. 🤔 DM me with any questions!
cashinmortgagesMortgage preferences are changing!
For the first time in decades, the 5-year fixed mortgage is no longer the top choice. In Q1:
🔹 41% of new mortgages were variable rate
🔹 32% were 3- and 4-year fixed terms
🔹 Only 27% were 5-year fixed
Borrowers are opting for more flexibility and shorter terms to better navigate today’s market.
Thinking about your mortgage options? Let’s chat!
#CashinMortgages #MortgageTrends #VariableRateMortgage #FixedRateMortgage #MortgageOptions #HomeLoans
