| HawthorneVillager.com http://www.hawthornevillager.com/phpbb/ |
|
| Fixed mortgage rates rising again! http://www.hawthornevillager.com/phpbb/viewtopic.php?f=3&t=56327 |
Page 1 of 1 |
| Author: | PaulMeredith [ Tue Aug 20, 2013 9:03 am ] |
| Post subject: | Fixed mortgage rates rising again! |
Bond yields (which are what fixed mortgage rates are determined by) have been sharply rising trigger yet even more increases to fixed mortgage rates. Many lenders have increased their 5 year fixed to 3.59-3.69%. It is still possible to get a 5 year fixed for as low as 3.09%, however this is only for mortgages closing within 30 days. For up to 120 days, rates can still be had for as low as 3.19-3.29%, however these WILL be increasing. It is just a matter of when. It could be later today, or tomorrow. If you are looking at refinancing, or have a mortgage coming up for renewal or a home closing soon and you don't have a rate locked in, don't hesitate any further. Make sure you lock in a rate TODAY. If you are shopping for a home, make sure you get a rate locked with a pre-approval if you haven't already done so. |
|
| Page 1 of 1 | All times are UTC - 5 hours |
| Powered by phpBB® Forum Software © phpBB Group https://www.phpbb.com/ |
|