Courtesy Tony Guaraldi, VP of Mortgage Lending Guaranteed Rate Mortgage
As you can see from the graph below Mortgage bonds are at their best levels in the past 12 months! This means most lenders rate sheets will be at their best levels of the year right now. Good time to take advantage of a refi for anyone who never got around to getting it done in the last cycle, those now enable to do so due to rising home values, or people getting towards the end of their ARM loans.
CLICK HERE for the Oct. 10, 2014 Mortgage Rate Sheet. Continue reading