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re: Mortgage rates trend for the rest of the year?
Posted on 9/8/14 at 10:04 pm to saintforlife1
Posted on 9/8/14 at 10:04 pm to saintforlife1
Well, just crunch the numbers. You would save $225 x12 months x 7 years at best ($18,900). 5 years would save you $13,500. How much would the refinance cost? That's the critical remaining question?
1
Posted on 9/8/14 at 10:31 pm to AndyJ
The biggest predictor of rates right now is the threat of war.
If terrorists attack or Russia goes apeshit in Ukraine then rates will go down.
I will expect rates to be stagnant or edge just a bit down until until mid November. That is when retailers begin to hire for Christmas season as this offers a bullshite positive jobs report.
If terrorists attack or Russia goes apeshit in Ukraine then rates will go down.
I will expect rates to be stagnant or edge just a bit down until until mid November. That is when retailers begin to hire for Christmas season as this offers a bullshite positive jobs report.
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