Mortgage Market Update for December 4, 2008

Mortgage Rates Have been updated.

Rates took a nice drop downward today.   Mainly because of the speculative story that got leaked about how the Treasury is going to lower rates.   For more information on that, read 4.5% Mortgage Rates and Will it really help?

Recommendations - as the volatility of the market continues and increases, the risk that this could backfire is getting higher and higher.   Therefore, I’m recommending that you lock all loans…..

Stay tuned!

Tom Vanderwell

Last 5 posts in Mortgage Rates

December 4, 2008

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