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eric1 · Posted: Tue Jan 19, 2010 6:09 am Post subject: Wow low rates ! Lock in today !

if you are close to locking in a rate on your purchase or thinking about refinancing, do it now. Rates are about as low as they are going to get.

jenkin7 · Posted: Wed Jan 20, 2010 2:52 am Post subject:

Hi Eric,

The mortgage interest rates on most types of home loans have gone down in the recent past. Interest rate on 30-year fixed mortgages was at 4.8% in the first week of December last month. This was the lowest within the last 3 months. Since then it showed a steady increase and in the last week of December, it rose to 5.23%. But, the interest rates are again going downward and this is indeed a good time to lock in the rates on mortgages and refinance existing loans.

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Wow low rates ! Lock in today !