BEST REFINANCE HOME MORTGAGE LOAN RATE NEWS & INFORMATION
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Tuesday, January 06, 2009
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LATEST BEST REFINANCE HOME MORTGAGE LOAN RATE NEWS:
Mortgage Rates At 37- Year Low
Mortgage rates have hit a 37 year low, which could mean good news for those looking to buy a home or refinance. Mortgage rates have been falling for nine straight weeks, putting 30 year fixed rates at 5.10%. So is now the best time to refinance? Now May Be Good Time To Refinance Home There aren't many bright spots in this economic recession, but one might be the fact that mortgage rates are at near record lows. You must be logged in to rate this story. SEAFORD , Del. - Mortgage rates are at a 37-year low and many homeowners are taking advantage of the dip in interest rates to refinance. Lenders say December was their best month in six months. Don't miss the refinance window CHICAGO - Lured by low mortgage rates, many homeowners have been rushing to refinance. Interest is gaining for good reason: Eligible borrowers can lock in rates that haven't been this attractive in decades. The best moves in mortgages in 2009 2008 was the year of foreclosures. 2009 will be the year of refinances and mortgage modifications. Those who can find time right for refis The Federal Reserve’s decision last week to cut a key interest rate has sparked a stampede to lenders by customers eager to refinance or buy homes on the cheap. Low interest rates - too good to be true? We all know by now that the economy is not doing so well, and neither is the housing market. But for those thinking about refinancing their home mortgage, you might not find a better time. |




