Several top institutions in the real estate industry are projecting an increase in mortgage rates over the next four quarters.
Should I Lock or Should I Wait?
When buying a new home or refinancing, how will I know when to lock my mortgage rate? “Interest rates rise like a rocket and fall like a feather.” This old axiom holds a lot of truth. Generally speaking, rates tend to fall in a poor economy and rise in times of prosperity. But more to the point, it takes a … Read More
How Interest Rates Move
Here’s a great video discussing how interest rates move. Although produced in 2010, the principles still apply in our economy today and should for the foreseeable future.