I don't expect drastic changes this year because of the election, but rates are at 2 year lows right now and just a hair off their 40 year lows. You might want to call your mortgage broker today and see how low you can go.
Tuesday, January 15, 2008
RATES DROPPING AGAIN!
If you are thinking about refinancing your home mortgage, rates have dropped again. I can't really say how long it will last or if this is the absolute bottom, but I am able to get 30 year fixed rates as low as 5.25%. Look at this 1 year graph of the 10 year treasury's from Yahoo: 
I don't expect drastic changes this year because of the election, but rates are at 2 year lows right now and just a hair off their 40 year lows. You might want to call your mortgage broker today and see how low you can go.
I don't expect drastic changes this year because of the election, but rates are at 2 year lows right now and just a hair off their 40 year lows. You might want to call your mortgage broker today and see how low you can go.
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