Interest rates have been slowly moving up the last couple of weeks. We are about a quarter higher in rate than we were 2 weeks ago. Our wonderful Federal Reserve Chairman, Ben Bernanke, gave a warning that the Federal Reserve would stop buying long term bonds by the end of the year. That has all the markets in a tail spin. At any rate, if you’ve been on the fence waiting to refinance or purchase a home, I suggest you get off the fence and not wait any longer. Of course, that may be the purpose of letting the cat out of the bag.
Submitted May 23, 2013
I can be contacted at:
DEPENDABLE MORTGAGE CO.
Rhonda Sherman, Owner/Manager
License # 100008357 NMLS # 381084
145 Grand Avenue, Suite B
Grand Junction, CO. 81501
Office: (970) 257-1502 or Cell: (970) 250-8613
Website: Dependable Mortgage Co.
Regulated by the Division of Real Estate
An Equal Housing Lender