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treasuries: What's in store for Mortgage Rates? - 06/23/09 10:59 AM
Today the Fed begins their 2 day meeting.  We know the Fed Funds Rate is not going to change, but there is speculation that the Fed will buy more longer-term Treasuries, which may provide a jump start to eventually bring Mortgage rates down.
So if you are still considering a refinance, it is important to be ready to pull the trigger should "Fed-speak" cause a rally tomorrow.  Be prepared to act quickly.
I've seen many people pass on saving $200 per month in the hopes rates might improve a bit more, helping them gain another $25 per month in additional savings … (0 comments)

 

Elizabeth Rose - Certified Mortgage Planning Spec - Texas

Highland Village, TX

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Network Funding, LP

Address: 2800 Corporate Drive, Suite 101, Flower Mound, TX, 75028

Office Phone: (972) 244-3121

Cell Phone: (972) 345-3268

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An inside look at the mortgage market and how it might affect you.


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