Jul 24, 2012

Mortgage rates and bond prices are holding steady and are expected to hold for the next two weeks, at least.  Our weekly ups-and-downs and slight changes in mortgage interest rates is expected to continue into next week, and throught the 4th of July holiday.  Nothing is on the radar yet, that would suggest a big jump, or a substantial drop, in these rates.  After the 4th though, we may see a greater level of volatility in the markets that affect our mortgage rates.  Stay tuned.
(originally posted June 23, 2012)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest Rate Advice

Although there's a lot of reasons for interest rates to remain stable throughout this calendar year, the long term expectation is for interest rates to rise. Don't take these low rates for granted. If you're financing a home right now, my best advice is to "lock-in" these low rates, rather than gamble that they'll be lower as you get closer to your closing date. Better be safe, than sorry!

If you're in the market for a home this year, allow us to help you find the right lender and loan program, and help you take advantage of these great low interest rates. Today’s interest rates are quite a bargain!

View 'Market Trends Report'

Previously Posted At: Today's Interest Rates And Trends 
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