mortgage rates: Are Mortgage Rates Going Down? How Low Will They Go? - 01/21/09 10:43 PM
If there is one question that I get asked the most, it is "Sherri, how low will mortgage rates go?"  Or another version, "Will interest rates go down further?"
Let me start by saying, THAT is the million dollar question.  In the last 3 weeks, I have seen 30 year fixed … (2 comments)

mortgage rates: What? Mortgage Rates Go Up When They Are Going Down? - 01/20/09 09:43 AM
Mortgage Rate confusion!!   
Here's the question...how low will rates eventually go?  This is an interesting question to say the least, in the current times.  We are currently experiencing a refinance boom in this country.  That's the good news.  The bad news: It is expected that at least 50% of all those interest rate … (3 comments)

mortgage rates: Need Help Explaining the Recent Fed Cut? - 01/25/08 12:22 PM
If your clients are inquiring about the Federal Funds Rate cut on Tuesday here is some information that can help you explain what it is and how it does/doesn't affect mortgage rates.  
1.  When the Feds cut the Federal Funds Rate, it does not mean that they are cutting mortgage … (0 comments)

 
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Sherri Sherpy

Cottage Grove, MN

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Mortgage & Investment Consultants

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