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Mike Barefoot

Senior Mortgage Officer
Movement Mortgage
NMLS ID # 264897

Market Update

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January 14, 2022

How rising interest rates affect potential homebuyers

Ask your friendly Boomer what the interest rate was when they were buying a house in the 70s. Odds are, it was north of 10%! So don’t let a 3.45% 30-year fixed-rate average scare you. Check out our latest Market Update for details.

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Mike Barefoot
Senior Mortgage Officer
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575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
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NMLS # 264897

State License #NC-I-186815, VA-MLO-2967VA