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    Tag: lock in an interest rate

    Rate Update July 10, 2009

    Overall mortgage rates are essentially unchanged this morning.
    Although mortgage-backed bond prices declined yesterday afternoon threatening to push mortgage rates higher; they have rallied this morning on weaker than expected consumer confidence figures.
    Early on in 2nd-quarter earnings season there hasn’t been too many surprises.  The bulk of reports will begin to roll out next week and [...]

    Expert says “lock”!

    With rates at multi-year lows many homeowners are reviewing their mortgages to see if it would make sense to refinance.  With rates so low often times it does.  However, many are not locking in their rates.  Why?  Because they believe mortgage rates will move even lower.
    However, I just received an email from the CEO of [...]