Have consumers missed out on the 4% mortgage rates? Refinancing a mortgage will look less attractive to those who are looking to take advantage of the low rates, like the ones we saw in March 09. The 30 yr treasury note traded at 4.485% thus raising consumer 30 year fixed rate above 5%. Will the government be able to keep rates low to stimulate the economy?
First time home buyers are still it good shape with rates in the 5% range.
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Posted on May 28, 2009 at 10:06pm —
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