Comments on: Thirty-Year Mortgage Hits a Low of 4.85% , Should I Refinance? http://www.realestateinsight.com/2009/04/thirty-year-mortgage-hits-a-low-of-485-should-i-refinance/ Fri, 12 Mar 2010 05:48:16 +0000 http://wordpress.org/?v=2.5.1 By: realestateinsight http://www.realestateinsight.com/2009/04/thirty-year-mortgage-hits-a-low-of-485-should-i-refinance/#comment-20705 realestateinsight Mon, 20 Apr 2009 19:46:06 +0000 http://www.realestateinsight.com/?p=154#comment-20705 Bobby, It's inevitable that interest rates will start to rise at some stage, and they might dip even more, but when and how quickly is something even the experts can't agree on Considering last year at this time, the 30-year FRM averaged 5.88%, if you are waiting for the rates to go any lower, they may not, and as falling prices erodes equity, your LTV might drop, banks are giving the best rates to those with at least 20% equity. Bobby,

It’s inevitable that interest rates will start to rise at some stage, and they might dip even more, but when and how quickly is something even the experts can’t agree on
Considering last year at this time, the 30-year FRM averaged 5.88%, if you are waiting for the rates to go any lower, they may not, and as falling prices erodes equity, your LTV might drop, banks are giving the best rates to those with at least 20% equity.

]]> By: bobby http://www.realestateinsight.com/2009/04/thirty-year-mortgage-hits-a-low-of-485-should-i-refinance/#comment-20686 bobby Thu, 16 Apr 2009 13:09:03 +0000 http://www.realestateinsight.com/?p=154#comment-20686 how long do you think rates will remain low? how long do you think rates will remain low?

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