With the federal government buying bonds will mortgage rates go lower?

With the federal government buying bonds will mortgage rates go lower? Wondering if I should consider refi now or wait?

By | 2013-08-25T23:19:15+00:00 August 25th, 2013|Mortgages Home Loans Interest Rate|1 Comment

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  1. richard t August 25, 2013 at 11:27 PM - Reply

    Since they started QE2, mortgage rates have gone up slightly. The whole scenario is shaky. If there is even a whiff of inflation then rates could really rise. On the other hand, if things calm down you might gain the 1/4 % back. I would lock in if it were me. Get a set rate that is locked for 30 days. If rates trail down then push out the closing and lock in at the new rate.

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