Friday, January 24, 2014
Mortgage Rates Push Well Into New 2014 Lows
Today's mortgage rates lower than we have seen in several months thanks to global sell-off in risk-related assets. What's a risk-related asset? It's a catch-all term for investments that carry greater risk and greater reward, such as stocks and emerging market currencies. When risk-assets get trounced, bond markets are often one of the safe-haven beneficiaries, and stronger bond markets mean lower mortgage rates. What this means to you?? It is a great time to refinance or lock in your rate! For most recent rates visit Lord Mortgage Rate Search engine
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