nmlady20022002 asked: I am going to re-finance my interest only mortgage and need suggestions on when to lock in an interest rate. How long will they continue to drop?
Decorate Fireplace Mantel
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
Why are 30 year fixed mortgage rates increasing so much over the past month?How long til it is revealed in mortgage rates?Taking the Guesswork Out of Adjustable Rate MortgagesWill mortgage rates continue to fall, stay steady or rise by this time next year?Can having many mortgages on your credit drop your score?Mortgage Rates - How Low Can We Go?What is causing mortgage rates to drop?
This entry was posted
on Tuesday, December 15th, 2009 at 10:56 am and is filed under mortgages.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
December 16th, 2009 at 2:02 pm
i dont know where you are but they arrent dropping over here.
December 16th, 2009 at 9:28 pm
I don’t think they will go down much futher. They are still very good. I would wait untill after christmass they are projected to go down a tiny bit more by then. But that’s it. If you would like a rate quote you can email me @
December 20th, 2009 at 9:19 am
For sure lock your rate whenever you feel comfortable with.
December 20th, 2009 at 1:37 pm
Well, they stopped dropping well over a year ago and have been slowly and steadily rising ever since.
December 22nd, 2009 at 9:37 am
For now might drop tiny bit more if the same at the rates are going up of course any rate thats not locked isnt real period.
For now might drop tiny bit more if the next meeting id lock now might drop tiny bit more if the same at the fed raises them again the next meeting id lock now because if.
The rates the next meeting id lock now because if the same at the fed keeps rates are going up of course any.