Interest Rates Updates and Newsletter:
As of 3/3/09 the Fed really can't lower rates anymore as they will never go to less than zero. That would actually be paying the banks to borrow money. Therefore should they lower it the last and final .25% (although aready they said rates would float between 0% and .25%), that would be the last straw. If you are sitting back and think rates will drop below 4% or even 4.5%, don't wait any longer. Although you can get below 4.5% if you wish to pay a buch of closing costs and fees, it may not make sense unless you are going to stay in the home 5 years or more. On another note, lowering the rates that banks borrow money doesn't always affect your mortgage or credit card rates so just becuase they lower it doesn't mean you will get a better deal.
5/10/05 The fed just raised rates again a quarter point or .25 to 5.0% which was the 16th straight increase in a row. They said they will rise again in the near future if needed. The stock market fell on the news (Read More). We suggest you (APPLY NOW) if your on an arm or are considering a refinance as it doesn't look like interest rates are going down any time soon.
Welcome to our "Interest Rates Updates" newsletter sign up page. At the beginning and each and every month, we will email you updated Free interest rates information. This newsletter will not only include some current rate information on mortgages, it will also include interest rates information and speculation on what the Fed Funds Chairman
Ben Bernanke
will do in the near future, which can have a direct effect on the interest rates you pay for your credit card, mortgages, equity lines, and car loans. We watch the market closely everyday, especially interest rates, so why not get Free updated information from the professionals. Nobody has a crystal ball, but our interest rates newsletter is definetly the next best thing.
Our Free interest rates newsletter will also include information on new loan programs. Since we are a tier #1 broker, we get all of the inside information on new mortgage programs, new requirements for debt ratios, Fico Scores (credit scores), loan amounts, appraised values, and other criteria which is very important come time you want to know how to get the best interest rates?
To sign up for the interest rates news below, just add your email address, make sure the subscribe button is highlighted, and then click O.K. You will get an email to confirm your Free subscription of updated interest rates and other related information just once a month unless something very important happens that is new or unexpected. In that case, you will recieve a letter from us immediately.
We believe that our best customer is an educated customer. Therefore we hope you will join our interest rates newsletter and take advantage of best interest rates and loan program information available.
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