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Mortgage Rates Holding Steady after Bernanke's Speech.

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Mortgage and Lending with Bay Equity Home Loans

We are seeing little change in rates after Bernanke's speech today, although the Dow popped up about 150 points at the high, so traders/investors beliew that their could be more stimulas on the horizon.

Recognizing how low rates are, rates tend to decrease like an escalator, but increase like an elevator.  If you are on the fence and need help by answering important questions about your purchase or refinance, I can be reached at (707) 583-8107.

Roger Farah

Bay Equity Home Loans

NMLS: 508446

Comments(1)

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Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Honestly Roger...I cannot imagine a large change between now and the election...can you?

Aug 31, 2012 04:31 AM