Elliot asked:


Our mortgage broker is encouraging us to wait for the interest rates to fall again despite the fact that they have increased steadily for the past three weeks. Is there a monetary incentive for him to lock us in higher? We are paying 1 point for a better rate.

Cheri

STARYDYNAMO asked:


Sorry to ask the shocking stupid question! I am coming to the end of my mortgage term ( end of September) and am wandering if the mortgage rates will go down (currently for at 6.99%). Do you think it will go down by this time? I am in the UK.

Andreas

Old Goat asked:


Why are they calling this the worst economy since the depression?

Elva

Jeremy asked:


They are at 6.47%, last week they were 6.14% and for a while it was even in the 5’s.

Lorenzo