Should I refinance now? Or will fed rate cuts (I hear there will be more) drop the mortgage rates mo
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It was on a Real Estate Radio Program in the LA area.
97.1 fm. You should be able to find them on the web,
If they have logs of past shows you might be able to find the advertiser.
Should I refinance now? Or will fed rate cuts (I hear there will be more) drop the mortgage rates more?5.125% (5.39% APR) Conforming 30 year. You don't have to pay discount points to get this rate. Why wait?
Please make sure you compare apples to apples and APR to APR. The APR will tell you the TRUE cost of the loan. If they offer a 4.99% note rate, ask what the APR is, by law they have to disclose it.
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Should I refinance now? Or will fed rate cuts (I hear there will be more) drop the mortgage rates more?Many think the economy is in bad shape and rates will continue to decline. However, late this afternoon the stock market staged an amazing comeback, and rates shot up. If I can give any advice, it would be not to lock today, and wait to see if rates come back down again.
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