Wednesday, May 26, 2010

What affect will today's action by the central bank have on mortgage rates in the short-term?

They should go down tomorrow. Not by a lot but some. Don%26#039;t expect rates to drop drastically, there is still a supply and demand issue when it comes to lending right now.



What affect will today%26#039;s action by the central bank have on mortgage rates in the short-term?

they came down today, tomorrow they are back up. If i%26#039;m wrong and they drop you%26#039;re not looking at much of a drop or a drop for very long. the outlook is bleak at best my friend.



What affect will today%26#039;s action by the central bank have on mortgage rates in the short-term?

Good finance question! I know of an organization that gives up to $1500 to people to help them with their rent or mortgage. It%26#039;s available in most US cities, I highly suggest you check it out.



http://www.assist-with-your-mortgage-ren...



Best of Luck.

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