Wednesday, May 26, 2010

So, we are almost to the FOURS on Mortgage rates?

Any bets on when will hit the FOURS? Next week? Next month?



So, we are almost to the FOURS on Mortgage rates?

I%26#039;m looking at 4.875% staright up on 15 yr. today, bro.



30 yr. is coming sooner rather than later.



So, we are almost to the FOURS on Mortgage rates?

Never gonna happen. The rates might dip down into the 5.25 - 5,125 range, but there%26#039;s no way lenders are going to start writing loans in the 4% range anytime soon.



So, we are almost to the FOURS on Mortgage rates?

15 yr is already there.



So, we are almost to the FOURS on Mortgage rates?

It may be possible....The Feds will have another meeting on the 28th or 29th...we shall see.



So, we are almost to the FOURS on Mortgage rates?

My rate is at 5.5% now and I heard by February it%26#039;s supposed to drop another percent(from what I heard on the news). But, who knows it could just be talk



So, we are almost to the FOURS on Mortgage rates?

I agree with Danno. What the Fed does has nothing to do with mortgage rates. Mortgage rates are sold on the open market just like corn. What the Fed does has nothing to do with mortgage rates. NOTHING!!!!



Mortgage rates went up today because the fed lowered the rate yesterday. More money went into stocks then bods. The mortgage rate went up not down. Its simple supply and demand.



They sometimes follow the same path but not always. Mortgage rates went up today, not down.



I dont see it hitting 4 anytime soon.



So, we are almost to the FOURS on Mortgage rates?

Mortgage rates are according to the T market. It has not a thing to do with the rates being lower right now. It will effect the Heloc loans and the Line of credit loans however.

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