The good news is that I am happy to announce that I got featured as one of the “mortgage experts” in a Yahoo! Homes article regarding interest rates and what trend is anticipated for 2013. The unfortunate news though is that since the article was published on May 6th, interest rates have gone up by about .625%. That’s a very significant increase in one month’s time frame, so we are seeing some slowdown in the industry for refinances. However, excellent rates are still here, even if they’re not the lowest we’ve seen, so if you have missed the boat, there may still be opportunity. Click here to read the Yahoo! Homes article.
