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Mortgage Rates Drop Below 4% Again!

Started by twiggin
over 14 years ago
Posts: 13
Member since: Aug 2010
Discussion about
Mortgage Rates have dropped again to below 4%. http://www.marketwatch.com/story/30-year-mortgage-falls-below-4-again-2011-11-10 Will they stay here? I think they will hover between 3.875% and 4.125%. What do you think?
Response by maly
over 14 years ago
Posts: 1377
Member since: Jan 2009

It's unlikely to rise until after the next presidential election. The Fed knows which side of their toast is buttered.

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Response by csn
over 14 years ago
Posts: 450
Member since: Dec 2007

Correct about the rates. Now if the banks will actually lend.

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Response by shortsale1
over 14 years ago
Posts: 1
Member since: Nov 2011

Once you have chosen a repayment or an interest-only mortgage, you will also have to consider the different types of interest rate options. Always read the full terms and small print of each mortgage type and don't just look at the headline marketing rate.
short sale homes chicago

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