CNN Money announced that rates are falling again, after three weeks of trending higher.
Read the CNN Money article: Mortgage rates fall again.
“Mortgage rates were down this week as real GDP was revised downwards to 2.4% growth in the fourth quarter of 2013,” said Frank Nothaft, Freddie’s chief economist.
Is it a Good Time to Lock In a Mortgage Rate?
It could be a great time to lock in a rate. But, whether it’s a good time for you to lock in an interest rate depends on your particular circumstances.
If you would like help weighing out the pros and cons of locking in a mortgage rate, please contact us for a mortgage review. It would be our pleasure to help you meet all your home loan and refinancing needs.
The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.
