How Do Current Mortgagerates Help New Home BuildersPosted on January 2, 2011.  I'd like to buy new construction as a result of the Great Mortgage Rates right now. However, By the time I'd closed on my house in December, it Could Be Totally different ballgame and spleens Could Go Through the roof. It Seems to me, Then, That low mortgage rats only help people buying gold Refinancing an Existing House. CommentsVallie Goughnour says... Most economists predict that interest rates and home mortgage rates will remain low for some time to come.There may be some slight increases later in the year as the economy and the housing market improve but the rates are at record lows and now is the perfect time to buy a new home.
Have you spoken with a lender?It is possible to lock-in a rate for a small fee and thereby guarantee that you will not see substantial increases. Posted on January 10, 2011 Leave a Comment |