What a difference a day makes (or two weeks).

by

So, the good news is that we know that mortgage interest rates can go lower than 5.0% . . . the bad news, is that everyone now knows just how volatile the market really is and how quickly rates can move up (ending the day between 5.25% and 5.5%).

New posts coming soon:

What is UP with closing costs?

Risk-based pricing — will make rates higher for most.

 

Jeffrey Pinkerton is a Mortgage Consultant and President of Hillside Lending, LLC and writer for “the Mortgage Blog.”  Hillside Lending seeks to provide mortgage brokerage services with the highest standards of service, care, honesty, integrity and value; concentrating on owner-occupied, residential financing.  For more information about available programs and interest rates, please visit http://www.hillsidelending.com.

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