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Lender411.com >> Articles >> Mortgage Rates
Alan Morris

Mortgage Rate Trends

Thursday, February 2, 2012 - Article by: Alan Morris - Message

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Current Mortgage Rate Trends has mortgage rates improving 148bps since January 24th. This continues the recent trend for lower mortgage rates since a 5 day run of declines. This five day event may save as much as .25-.50 off the mortgage rate from previous quotes.

Right now is the best time to buy a home or refinance an existing mortgage since the fall of 2010. A 15 year loan may have the same payment as an older 30 year loan at a higher rate. We do anticipate higher rates during the year so now is the time! Contact us for a rate quote.

Our goal is to provide pertinent, up to date information so you can make intelligent decisions.

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