Stop the Press! Fed By Mortgage Backed Securities = 5.5% Rate
Written by Joshua Jarvis on November 25th, 2008The FED just announced that they are buying 600 Million worth of Mortgage Backed Securities. It’s bittersweet since it seems like a short term fix, but here’s the good news.
Rates are at 5.5% TODAY !
If you have a rate of 6.5% or higher, REFINANCE, NOW.
Call me at 770-374-4667 to discuss!