Consumption and Real Estate
Where are the mortgage interest on today? Read more. . . . ?
I just wanted a mortgage and a better. I probably get a new rate of 6%, but the guy doing the work, said she disappeared again. Is this true? I see again and again, where mortgage rates are likely to 4%. Which is correct?
mortgage rates are based on prime rate not rates given by the feds to banks…you are right on the 6% but these rates are only given to a select few..how ever recession,stagflation has forced the banks to work with feds and drop the prime rate ..keep in mind this was just recently done and the home mortgage rates have fallen to 5.74% which is a turn around, but as i said this is only for a select few based on credit scores and the home value in your area,look to see even more cuts..to the banks ,some is better than none as long as they still make good profits