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market changes: Des Moines Iowa Mortgage Rates Jan 24th: A Ride on the Rollercoaster... - 01/24/08 08:29 AM
Mortgage rates go down then jump by more than 1/2%, all in one day!by: Brian Wentz, Relator
What a day it was! The Des Moines Real Estate market was not immune to the roller-coaster of a day brought on by the moment by moment changes in the mortgage markets.
I arrived at the office at 9:00 AM to the good news that rates had dropped from 5.25% down to 5.0%. "That's incredible", I thought.
Than, by noon- I got the update from one of my trusted lenders that rates fell even further to 4.875 % for a 30 year fixed rate. "Amazing- a 10 … (4 comments)

 

Des Moines Iowa Real Estate- Brian Wentz REALTOR®

Des Moines, IA

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Burnett Realty

Address: 10200 Hickman Road, Suite #100, Clive, IA, 50325

Office Phone: (515) 334-4994

Cell Phone: (515) 779-7677

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