On Apr 8, 12:50 pm, Augustine <evan...@[EMAIL PROTECTED]
> wrote:
> Now that the mortgage rates haven fallen significantly, I suspect that
> it's time to start thinking about bringing my mortgage rate of 6.59%
> down. I've got 16 years left on it, so a 15-year fixed is a fine
> proposition, provided that the closing costs are low.
Try Zillow.com for anonymous interest rate bids. After you receive
several bids, you can contact the lender that has the best mix of
interest rates and closing costs. I have tried the service in the
geographic area that I am interested in and got several good bids.
> The problem is that the rates are not that down, especially
> considering the low Fed's rate. What would be the best course of
> action at the moment?
Long term rates probably won't go any lower with inflation staying at
current levels.
--
Ron
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