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Rates are skyrocketing right now!!! Important.

By
Mortgage and Lending with Dan Dowling - United Mortgage Capital Corp.

Right now rates are going up: Thursday Sept 20th 4:45 p.m. 

Each week I'm one of the mortgage experts whom bankrate.com asks to predict interest rates. Eearlier this week I predicted that rates could well go up even though the Fed lowered the Fed funds rate.

I'm here to tell you. Get your clients locked. The mortgage rates are skyrocketing as we speak. You can see the prediction here. http://www.bankrate.com/brm/static/rti.asp

I hope this helps somebody save some money. (and get a client off the fence)

Let me know your thoughts,

Dan

Dan Dowling - Certified Mortgage Planner, President

United Mortgage Capital Corp.
Altamonte Springs, FL (suburb of Orlando)
http://www.myloanadvisor.com/
407 681-4288

Comments(1)

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Sherri Elliott
INTEGRITY TEAM - eXp Realty, LLC - Flower Mound, TX

I agree. people keep thinking the market and rates will continue to drop. I have a post that related to this and gambling in Vegas. You cannot continue to gamble and hope it gets worse. If it does not, then you will be mad at yourself for not getting in while rates were low. We cannot make them JUMP. I just hope they realise it soon!

Sherri

Sep 20, 2007 08:53 AM