Monday, August 24, 2009

Time to Buy or Refinance!

The Feds decision to purchase Mortgage Backed Securities continues to keep rates down. The program is scheduled to end by the end of this year when 1.25 billion has been invested by the Fed. Anyone thinking of buying or refinancing a home should take advantage of the rates that are available today. When the program ends a jump in rates is likely.

Thanks to Superior Home Mortgage for providing me with this information!

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