Is This The Last Chance for Low Rates?

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As I have stated in other videos, rates won’t stay this low for long. According to this article http://alturl.com/9mps rates are on the rise!

Ohio Homeowners, Why Now Might Be Your Last Chance for a Low Rate. January 6, 2014 By T.C. Strait Leave a Comment. Rates are on the rise. There is no simpler way to put it. So if you have been on the fence, waiting for rates to dip back down into the 3’s, you may be waiting for quite a while.

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Don’t Miss Your Last Chance For Low Cost Money Posted by Joe Manausa on Friday, January 6, 2017 at 9:00 AM By Joe Manausa / January 6, 2017 Comment It’s been a long time coming, but we’re finally seeing mortgage interest rates rise and this could be your last chance to borrow money at historically low mortgage interest rates.

The saving grace is that rates will almost certainly be lower than they are today at some point in 2019. But why is there a greater risk of rising rates right now? This has to do with timing and a few other factors. For roughly 2 straight years, rates did almost nothing but move higher. The first half of 2017 was something of an exception as rates managed to recover, somewhat, from the big spike at the end of 2016, but it wasn’t much of a consolation in the bigger picture.

FHA Approves Many New Florida Condos For 98% Financing In 2010 You can use an FHA-backed loan to finance a condominium, but only in you live in an FHA-approved condo. condo property values tend to fluctuate more than other types of real estate, and, consequently, lenders and insurers, like the FHA, only finance or insure mortgages on condos that meet certain guidelines.

To the borrowing public, lower interest rates generally mean a reason to refinance. Astute borrowers take advantage of low interest rate environments. What is the best plan for attacking a rate friendly market? The following facts are value added for anyone looking to refinance their current home mortgage in 2011. <p> 1.