interest rate: Rates are lower! Should you refinance? Call us if you live in Kent, Auburn, Federal way, Renton, or any other King County area.
- 10/31/07 03:00 AM
How to Take Advantage of Lower Mortgage Rates. The Fed has lowered again and you should take advantage of it! Fixed Rate Mortgages The reduction in interest rates by the Federal Reserve doesn't necessarily result in drastically lower rates for fixed-rate mortgages. This is because bond rates, not the fed rate, drive fixed mortgage rates. However, rates are currently at one of the lowest levels in years and you should take advantage of them now. Call me at 253-315-5580. You've probably heard that it only makes sense to refinance your mortgage if the new interest rate is at least two percentage points lower than (3 comments)
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