After news on the Fed’s announcement yesterday to continue to purchase mortgage-backed securities, interest rates started improving significantly. This morning’s rates were the bottom of what I’ve seen. If you were on my Watch List, you got a call from me.
I can’t begin to stress the importance of acting quickly. The market has so far turned slightly for the worse and banks were quick to act, worsening their rates across the board. If you didn’t take advantage of the opportunity to lock, then you may have missed out on an excellent opportunity. In this market, good rates don’t last very long.
Call or email me with any questions and if you’d like to join my Watch List.
