05/19/2012 1:58 pm
Mortgage Rates
Posted by on Tue, 11/09/2010 - 10:46pm
The Hot Topic in the market right now is whether interest rates are going to
go up or down. Its simple the longer you wait the less the chance you have of
getting locked into a low rate. With the government dumping $600 billion
dollars into the market most likely it will have an impact on rates, but what
the impact is and how much things will move is unknown. Nobody can be certain
of what the future holds in this industry, but one thing we can be certain of
is rates are at a historically low number. I like to compare playing the rate
game to the stock market or even Las Vegas. Is gambling with your house the
best approach?
