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Mortgage Rates are Still Falling.

January 15th, 2008 Posted in Mortgage Rates, Residential Mortgage

I’ve been waiting for some interesting news regarding the mortgage market, but it is pretty much the same old stuff (sub-prime mess, bank losses, etc.). 

The only thing I can think of worth writing about is the fact that rates have continued to drop in 2008.  Most rates sheets I get from lenders show 30 year fixed rates well under 6.00% and 15 year fixed rates getting very close to 5.00%.  If you were thinking about refinancing, now may be a good time.

2007 - 2008 Mortgage Rates Chart

This entry was posted on Tuesday, January 15th, 2008 at 3:56 pm and is filed under Mortgage Rates, Residential Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Mortgage Rates are Still Falling.”

  1. Bellingham Mortgage Blog » Blog Archive » Mortgage Rate Trends - Washington Says:

    March 3rd, 2008 at 11:26 am

    [...] last time I posted rate trends, they were at the lowest point in 2008.  Shortly after, the went way up.  The good news is, they [...]


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