Interest Rates Going Up and Down

You will often hear media pundits talk about rates are up or down this week for home loans. Well, you should disregard such statements unless you are applying for a loan this month. Instead, look for overall trends. Currently, rates are still close to historical lows and are a great deal. The fact they might tick up a quarter a percent this week does not change that fact, so don’t get caught up in the day to day changes.

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