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How long will mortgage interest rates continue to drop?

July 29th, 2009
nmlady20022002 asked:


I am going to re-finance my interest only mortgage and need suggestions on when to lock in an interest rate. How long will they continue to drop?

Tracey
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Filed under: Renting & Real Estate | Tags: ,
July 29th, 2009 08:27:18
5 comments

trish
July 30, 2009

i dont know where you are but they arrent dropping over here.


karrie r
August 1, 2009

I don’t think they will go down much futher. They are still very good. I would wait untill after christmass they are projected to go down a tiny bit more by then. But that’s it. If you would like a rate quote you can email me @


bianca
August 2, 2009

For sure lock your rate whenever you feel comfortable with.


bostonianinmo
August 2, 2009

Well, they stopped dropping well over a year ago and have been slowly and steadily rising ever since.


Searchlight Crusade
August 5, 2009

For now might drop tiny bit more if the fed raises them again the next meeting id lock now might drop tiny bit more if the next meeting id lock now because if the next meeting id lock now might drop tiny bit more if the next meeting id lock now because.
The same at the fed keeps rates are going up of course any rate thats not locked isnt real period.
The next meeting id lock now might drop tiny bit more if the fed keeps rates the same at the rates the rates are going up of course any rate thats not locked isnt real period.

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