Boston Real Estate
I hope everyone enjoys their Presidents Day!
Inquire within for current Mortgage Rates or questions with Guidelines
Mortgage Markets have been on a nice little one week mini rally here since the end of January. Overall, look for plenty of movement in bond prices and mortgage rates this week. I think we will see the most movement either Tuesday or Thursday, but Friday may be fairly active also. This would be a very good week to maintain contact with your mortgage professional, especially if still floating an interest rate.
If I were considering financing/refinancing a home, I would….
Lock if my closing was taking place within 7 days…
Float if my closing was taking place between 8 and 20 days…
Float if my closing was taking place between 21 and 60 days…
Float if my closing was taking place over 60 days from now…
Please Click Here for The Lowest Mortgage Rates
bc@smarterborrowing.com 617.771.5021
