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Updated about 1 year ago on . Most recent reply

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61
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Mark Mazzucco
  • Lender
  • Mesa, AZ
29
Votes |
61
Posts

Interest rates soaring down!

Mark Mazzucco
  • Lender
  • Mesa, AZ
Posted

With interest rates soaring down from 7-8% and most rates for FHA and VA being in the 5s now, definitely a good time to start looking at seeing if you can refinance to lock in rates in the 5s! And Conventional should be low 6s!!! Which is good news. If you are a buyer, prepare yourself because these rates are going to get very competitive again with home pricing as everyone is trying to get back into the market!!

Just my thoughts! 

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Replied

in last 4 days 10 year yield is rising again from 3.8 to 4.0 ; now with scandalous "good" job report while true unemployment reach new high. This drama ain't over yet LOL

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