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Posts Tagged ‘should I refinance’

Do Not Wait to Refinance

Posted by Larry Doyle on April 1st, 2010 11:30 AM |

If you are in a position to refinance your mortgage, I would not wait. Why?

The largest buy program in the history of the U.S. mortgage market just ended yesterday. That program, part of the Federal Reserve’s quantitative easing, purchased $1.25 trillion in mortgage-backed securities. In the process, the Fed brought mortgage rates down somewhere in the vicinity of .50% to a full 1% from where they would likely otherwise be. (more…)

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