What direction do you think interest rates are headed in? Homeowners have ridden the variable interest rate mortgage ride for all it’s worth. The prime rate hit 20% in 1980. Since then interest rates have been in a long and…
What direction do you think interest rates are headed in? Homeowners have ridden the variable interest rate mortgage ride for all it’s worth. The prime rate hit 20% in 1980. Since then interest rates have been in a long and…
Guest Post by Bill T. Daniels, Certified Mortgage Coach The Federal Reserve’s purchases of mortgage-backed securities kept interest rates near historic lows for much of last year. But within a week of the program’s expiration, rates for 30-year fixed-rate mortgages…