DISQUS

Mark · 11 months ago

This is an interesting post. From a consumer point of view, I can understand while people keep waiting for interest rates to drop, but hopefully people will start taking advantage of the federal government’s loan modification plan to guarantee nearly three million mortgages. Thanks for the valuable insights.

morganb · 11 months ago

Con - Looks like you only had to hold your breath for a few hours. Feel free to breathe now that the Fed has taken rates to zero. Those people who just refied at 4.75% are going to wish they waited. Luckily by going to zero there's not really a question of waiting. Now it's just the lack of supply (in terms of qualified borrowers) that is going to kill us.