Archive for September, 2011

Interest rates are low but for how much longer?

Interest rates are low but for how much longer?

We continue to see historic lows for 30yr and 15yr fixed mortgage rates. For those of you who have been fortunate enough to refinance or if you purchased a home recently and financed it, then consider yourself one of the lucky ones by being able to take advantage of these unprecedented low interest rates. The 10yr Treasury Note has always been one of the more useful instruments in determining long term fixed mortgage rates. Mortgage rates seem to mirror the ...

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