October 10th, 2013 by admin
Posted in Lowest Interest Rate |
of QE3…I’m not so sure. The government shutdown could keep interest rates low for a while. It’s possible. For 3 or 4 months before the shutdown interest rates were steadily climbing. Why, because the talk around Wall St. was the Fed is going to start tapering Quantitative Easing – QE3. The mere mention of it by…
October 4th, 2013 by admin
Posted in Lowest Interest Rate |
Mortgage rates drop and are down for the 4th straight week in a row. Currently we are nearing 4% on a 30 year fixed loan. Compared to the recent peak in August, the payment on a $300,000 loan has dropped more than $50/month. That’s a huge drop in only a 4 week span. See chart…