About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
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Russia’s recent aggression toward its neighbor, Ukraine, sent financial markets reeling in recent weeks. That market instability has affected mortgage interest rates as well. Rates initially dipped as fears of a war sent investors rushing to bonds rather than stocks. But as the situation settled down the stock market surged again and they temporary dip in interest rates passed.

Long term, it is safe to assume that mortgage interest rates will move higher in 2014 and 2015. But for now rates remain relatively low. Contact us today if you are researching a refinance or a home purchase. There is no telling how long mortgage rates will remain at current levels before moving higher.

Comments Off on Troubles in Russia lead to fluctuations in mortgage rates Posted by G.R.A. Admin on Monday, March 10th, 2014


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