Saturday, May 30, 2009

Fixed rate mortgage pricing on the rise

Rising bond prices are forcing many lenders to increase pricing on 5 year fixed mortgage rates.

Some lenders raised rates Thursday midnight and others joined through the day Friday with one or two holding out but probably joining the rest at some point on Monday or perhaps Sunday night.

Contact a licensed mortgage broker to review your options and make sure you get the best product for your circumstances. Believe it or not, rate is not the only thing you should consider ... ask a mortgage broker why.

1 comment:

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