January 07, 2010
Interest Rates On The Way Up?
Posted by: Walker Beeken : Category: Mortgage Information and Trends
This column says that interest rates could be on the way up and that the opportunity to lock in a rate under 5% has probably passed us for good. If you’re a potential buyer (or you’re thinking of refinancing), make sure you’re keeping track of what is going on with interest rates and that you know what any increases mean when it comes to the loan amount you’re pre-approved for, and what your monthly payment might be.
