Pure Energy
Rethink Everything
Offline
With another potential cut from the Fed after it's meeting next week....keep an eye on Mortgage rates. I have a 6.25% 30-year fixed that could be in play very soon.
http://www.thestreet.com/s/mortgage...ow/funds/saving-money/10400280.html?puc=_tscs
http://biz.yahoo.com/ap/080124/refi_rebound.html?.v=1
http://www.thestreet.com/s/mortgage...ow/funds/saving-money/10400280.html?puc=_tscs
http://biz.yahoo.com/ap/080124/refi_rebound.html?.v=1
Schmidt noted that the Fed, which holds a two-day meeting starting Tuesday, has signaled it is disposed to further rate cuts that could send mortgage rates still lower. So he doesn't want to refinance too soon if even better rates will be available shortly.