What do you think about mortgage rate for April 2008. Which way would they be trending ??
Thanks for your question! We can’t tell you where mortgage rates are headed this week or this month. It’s always risky to predict what will happen with mortgage rates, and even trickier in this volatile market where the normal rules don’t seem to apply.
What we can tell you is that over the past year, we’ve seen an unprecedented number of changes in lending standards. Loan programs that were around yesterday could be gone by tomorrow. If you are thinking of buying or refinancing, it’s our view that rates are good, and if you can find a good loan, take advantage of it while you can!
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