If you've financed with an adjustable-rate mortgage in the past three years, I urge you to consider to refinance a fixed-rate loan. The 10-year yield just hit a 21-month high, probably the best indicator loan rates are about to go up.
Basically, banks will have to raise rates to entice investors in the secondary market. That means more money out of your pocket.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment