Mortgage rates!?!? Do you expect mortgage rates are going to move about up or down because of the bailout?
why?
Answers:
Down, but more because I expect interests rates to continue to be lowered.
However, the people that can get hold of these loans will be a much smaller pool than before. If you have well-mannered credit and can honestly afford the loan, it should work out.
I certainly hope down, because I am already paying more than enough right presently. I could use a break, I don't make over $250,000 and I only own one house.
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Answers:
Down, but more because I expect interests rates to continue to be lowered.
However, the people that can get hold of these loans will be a much smaller pool than before. If you have well-mannered credit and can honestly afford the loan, it should work out.
I certainly hope down, because I am already paying more than enough right presently. I could use a break, I don't make over $250,000 and I only own one house.
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