Low Priced Mortgages Available Again

Marty Weiner

Flashlight Enthusiast
Joined
Oct 31, 2002
Messages
1,038
Location
Same Area Code As Death Valley
I just locked in a 30 year fixed mortgage for 5 1/8% today.

My first mortgage in 1967 was 6.6%.

I suggest that anyone who is in the market, go to bankrate.com and start shopping. It's a buyer's market for mortgages but all indications are that the bottom has been hit.

Marty
 

CiTY

Enlightened
Joined
May 2, 2002
Messages
362
Location
Connecticut, USA
I lucked out and got a 15yr-4.5% last year, whewwww timing is everything.... Unless the feds see a weakening economy, I don't see rates going down much again for a while.
 

tkl

Flashlight Enthusiast
Joined
Aug 24, 2002
Messages
2,332
Location
Tx
[ QUOTE ]
Marty Weiner said:

I suggest that anyone who is in the market, go to bankrate.com and start shopping. It's a buyer's market for mortgages but all indications are that the bottom has been hit.

Marty

[/ QUOTE ]Unfortunately for me I won't be able to for a while so I have no choice. /ubbthreads/images/graemlins/frown.gif
 
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