SAVE SOME MONEY!!!

[fmyth]

Lenders are overwhelmed with refi applications and therefore have raised the rates an average of 1% to slow down the applications. Don't worry, the rates aren't going up any time in the next few months maybe the next year.

 

[Farmingdale's Finest]

Lenders are overwhelmed with refi applications and therefore have raised the rates an average of 1% to slow down the applications. Don't worry, the rates aren't going up any time in the next few months maybe the next year.

I hope you guys locked in those rates when I first said. The mortgage bond market is now dysfunctional and some mutual funds that buy these funds are down well into the double digits.

Here is the rates published today on bankrate.com. You can bet those rates are going up.

30 year fixed 4.05
15 year fixed 3.39
10 year fixed 3.59


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[JNDEER]

Was looking earlier this month to refi in the high 2%.. drug my feet and now rates are 5%+ here in CA!!
Hoping that things settle and the rates drop again.