g5000
Diamond Member
- Nov 26, 2011
- 125,182
- 67,651
- 2,605
As most of you know, I saw the crash coming. So I watched mortgage rates and was able to get ahead of the pack and lock in a 2.65% mortgage rate on some property.
After the herd caught on and rushed to refinance their mortgages, the demand caused mortgage rates to actually surge higher.
Well, they are dropping again. If you missed out on the leading edge last time, now's your chance.
finance.yahoo.com
U.S. mortgage rates fell for the first time in three weeks. But for would-be homebuyers frozen in fear of an economic meltdown, borrowing costs are no longer a prime concern.
The average rate for a 30-year fixed loan was 3.5%, down from 3.65% last week, Freddie Mac said in a statement Thursday.
3.5% isn't great, but it may go lower. Keep your eyes open.
After the herd caught on and rushed to refinance their mortgages, the demand caused mortgage rates to actually surge higher.
Well, they are dropping again. If you missed out on the leading edge last time, now's your chance.
Mortgage Rates Slip While Home Sales Head for a Deep Freeze
(Bloomberg) -- U.S. mortgage rates fell for the first time in three weeks. But for would-be homebuyers frozen in fear of an economic meltdown, borrowing costs are no longer a prime concern.The average rate for a 30-year fixed loan was 3.5%, down from 3.65% last week, Freddie Mac said in a...
finance.yahoo.com
U.S. mortgage rates fell for the first time in three weeks. But for would-be homebuyers frozen in fear of an economic meltdown, borrowing costs are no longer a prime concern.
The average rate for a 30-year fixed loan was 3.5%, down from 3.65% last week, Freddie Mac said in a statement Thursday.
3.5% isn't great, but it may go lower. Keep your eyes open.
