Tuesday, August 24, 2010

Do you think that interest rates on mortgages will go down again?

The company we chose to work with lost our paperwork in the shuffle and now two months later rates are higher. Should we wait it out or go ahead now and refinance?Do you think that interest rates on mortgages will go down again?
finding another mortgage broker is the first thing i would do..get locked in at the lowest rate possible....





odds are that in the short term the interest rates will stay about where they currently are...no one can predict what will happen 6 months from nowDo you think that interest rates on mortgages will go down again?
If you are refinancing the best possible rate you are likely to get in the USA is 2% and that is off the back of Obama's stimulus package for people struggling to meet payments
You can let the rate float... I wouldn't but paymentpillow.com explained it all to me. pretty interesting stuff.
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