Mortgage Refinance? Is Now The Time?
Submitted by nomad943 on Tue, 05/12/2009 - 07:29
As Impossible as it is to make any sense out of the manipulated financial markets these days, mortgage rates in the 4 1/2 % range sure do look tempting, particularly in light of the spending spree the guv is on. But is now the time?
Has anyone else been trying to make sense out of the bond market and radical daily moves in yields the past week or so?
Its like the world is saying higher rates are iminent and then the next day the guv steps in and brings them back down? Will it end soon or does the guv have many more bullets?
Any thoughts?
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