Sound the alarm!
Rates have been under 4% for a week or two.
The Horse is Dead. Long Live the Horse
I was writing about the continuing drop through 2011 of rates, but here we are, looking at an important election year, where little to nothing is going to happen in Congress.
Rates are low, owners are refinancing, and if you are a buyer or owner, take a look at the rates.
Shockingly low.
I don’t want to beat a dead horse, but money is so cheap right now, and it may stay this low in 2012, but not forever.
Some months I have more to write here, but the numbers seem to speak for themselves.
More next month.
I expect to have more quotes from buyers thrilled to have locked
in low rates.