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Be Ready to Pounce When You Find the Right Home
ROBIN CAMACHO said: Hey, Clark. I guess you haven't been with us for long...welcome aboard! I'm not really much in to sp...   [More]

Be Ready to Pounce When You Find the Right Home
Clark said: There is no doubt that Robby didn't have his ducks in a row, but the question is who is to blame? In...   [More]

Be Ready to Pounce When You Find the Right Home
Roger said: In defense of Robin I would say that with all due respect, Robby didn't have his ducks in a row. I ...   [More]

Be Ready to Pounce When You Find the Right Home
Clark said: Why didn't you inform Robby that he needed the statement ahead of time? Isn't that your job? Also fo...   [More]

Las Vegas House Prices Have Likely Hit Bottom
ROBIN CAMACHO said: Thanks for the comment, Steve. You are right about fuel costs--scary. However, this factor has not d...   [More]

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Mortgage Rates Dropped (Or, I Told You So)

Posted At : March 20, 2008 12:33 PM | Posted By : Administrator
Related Categories: Mortgages

If you read my entry on March 4, you received some insight on which direction mortgage rates might take. I shared with you Brandon Foor's comments to me on the matter of refinancing.

Those readers who followed my suggestion to get ready should have already heard from their mortgage agent today. The rate for a conforming 30-year fixed is at 5.5%. If you haven't locked your refi or purchase loan, I suggest you speak with your mortgage agent ASAP.

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