With the fed cutting the interest rate again the other day, is it now a good time to refinance the house? Assuming you meet the tighter lender requirements, are 30 year fixed rates at an all time low? If not, will they soon be?
With the fed cutting the interest rate again the other day, is it now a good time to refinance the house? Assuming you meet the tighter lender requirements, are 30 year fixed rates at an all time low? If not, will they soon be?
They're unfortunately a lot more volatile than prime rate. I heard a report this evening that said first thing this AM you could get a 30 yr. fixed for around 5%; by day's end it was 5.75-.85.
no. no.
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