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advice: Direction of Interest Rates, To Lock or Not to Lock - 03/14/09 07:09 AM
Dear Brave Homeowner, March 13, 09
After a couple of weeks of sweating it out with rates pushing 5.5%, we are finally seeing a move back downward, and are now approaching 5%. I'm am going to repeat my consistent theme, which is, I believe we have seen the bottom of the interest rate cycle, but this time, I will throw in a chart to support my position, and a caveat that we could see a dip in the next week, or so.
There is no doubt, that it is going to take either more massive government intervention, or another catastrophic economic … (3 comments)
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George DeVine
Newport,
RI
More about me…
Atlantich Home Loans
Address: 203 South Main Street, Providence, RI, 02903
Office Phone: (401) 301-0130
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