Interest Rates

By
Mortgage and Lending with AnnieMac Home Mortgage

October 11,2009 - We are back down at the lows of the year but pulled back up to 5% on Friday on profit taking.  The interest rate level that we are at now is artifical because of the government purchase program into mortgage backed securities.  That purchase program is winding down and rates will GO UP.

Now is the time to act on a refi or purchase!  Contact me today.

Comments (1)

Paula Reno
Astro Realty (Buyer Agency) - Cedar Lake, IN
Broker, Owner - Cedar Lake Indiana Realtor, Astro

I have been telling all of my buyers the same thing, Buy Now

Oct 11, 2009 03:05 AM