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Since January 2009
Since October 2009
Featured Rates are based on state rates for 5/1 ARM loans and are valid for the date shown, but they may change without notice. They are for consumers with a credit rating of 720 or higher and a 20% or higher down payment. Rate, terms, pre-paid finance charges, and APR may vary based on factors such as creditworthiness of the applicant(s), self employment status of the applicant(s), condo or townhouse structure, loan amount, and geographic location of the property.
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I'm building a house, so my loan rate won't lock in for about 8 months, what will mortgage rates do?
Berkel60
Contributions: 1
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Since it is a construction loan, the rate won't be locked in until I'm done building - or 120 or 60 days from the end of the build. Will loan rates jump in the next 8, 10, 12 months? What are your predictions?
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