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Lender411.com >> Articles >> Mortgage Rates
Rob McAllister

Time running out!

Thursday, March 11, 2010 - Article by: Rob McAllister - Message

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Time is running out. March 30th is the end of the Feds Mortgage Bond Purchse plan. That means the Fed will not be buying 10 Billion dollars worth of mortgage bonds each week. The drop in demand could put pressure on mortgage bonds and cause rates to tick up a bit

April 30th is the last day to get into contract to qualify for the first time buyer credit as well as the move up buyer credit. If you are a buyer and you want to get a piece of this government hand out...you better call your agent and get in the car and find something soon.

Rates are still great at you can see in My Rates page.

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