Mortgage rates have taken a dramatic step for the better! What is the world is happening? Rates are even LOWER today as investors are all over the place. The stock market is being hit hard today and that is because of all the instability in the market. As we have been talking about for weeks, the biggest problem is the world economy. Will the Euro survive? So again this instability is causing investors to put more of their money into the security of mortgage bonds which have lead to even lower mortgage rates! It is amazing and shouldn’t be missed. If your rate is over 5% you need to call your mortgage broker today – it could save you tens of thousands of dollar in interest over the life of your loan – don’t miss the opportunity.
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