“Why aren’t the interest rates any lower?!?” The lament heard by loan officers everywhere. Contrary to the popular belief that when the Fed’s cut the Federal Funds rate that mortgage rates follow in lockstep; mortgage rates are actually about the same as they have been for the last three weeks. Which is, on average, 5.75% […]
Entries Tagged as 'Landa’s Lowdown'
Landa’s Lowdown - Why Aren’t Interest Rates Any Lower?
February 5th, 2008 · No Comments
Tags: Get to Know Your REALTORS · Interest Rates · Landa's Lowdown · Mortgage Advice · Terri Landa