Financing in 91913>Question Details

Kauaibeachgi…, Home Buyer in 91910

Does anyone see mortgage rates going down the next couple of weeks?

Asked by Kauaibeachgirl, 91910 Sun Jul 19, 2009

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I was reading some articles about mortgage rates are going even lower then what they are today.

Look at this blog it will help you to learn more about mortgages.
I've got most of my answers there as well.

Good Luck.
0 votes Thank Flag Link Mon Jul 20, 2009
Hi,

I hope you understand that we are real estate professionals and this type of question is best handled by a mortgage professional.

We very much recommend you work with your lender on this type of question.

Best to you,

Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate
0 votes Thank Flag Link Mon Jul 20, 2009
The one thing we have come to understand is there will be constant adjustments to the rates...it's unlikely that there will be any major movement in the short term. Our recommendation is to contact several loan agents to be included on their update list to be kept in the loop.

Good luck
0 votes Thank Flag Link Mon Jul 20, 2009
Hi Kauaibeachgirl,

This is really a question that can only be answered on a daily basis due to the market dynamics that control this. To understand why, please read this:

http://docs.Steven-Anthony.com/SAR-HowMortgageRatesAreDeterm…

Best, Steve
0 votes Thank Flag Link Sun Jul 19, 2009
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