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Real Estate Chart of the Day
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Mortgage rates are really, really low. And they'll probably fall further. But don't get greedy. Take your bird-in-hand. Get started on that refi.
The Fed set mortgage rates downward this week, but now is not the time to wait-and-see where rates go next. A turnaround could happen just like .
Mortgage rate volatility is back in a big way, folks. To put the pace of change in perspective, consider this: * In the last 60 days, lenders have issued 4 or more rates sheets in a day once per week * In the last 365 days, lenders have issued 4 or more rates sheets in a day once per month. The last 2 months have been a mortgage rate whirlwind.
At least 3 days per week, data from January and February 2009 shows, mortgage rates changed at least twice daily. Lest you think that's a rapid rate of change, scroll down the list and you'll recognize that last month came courtesy of the The Slowskys. There's been a marked reduction...
