Florida Mortgage Trends

Mortgage Rates Go From 2010 Lows to 2010 Highs on Wednesday!!

March 25th, 2010 6:23 PM by Scott Bray


Mortgage rates rose more on Wednesday March 24th than they have all year, from their best levels of 2010, all the way to their worst all in a single day.

If you are looking to take advantage of the home buyer tax credit, you have until the end of April to be under contract and the end of June to close (to still qualify).

At this point, if you have not already locked your loan, I think you should wait for rates to rebound. Lock in now if your buying a home in the next 30 days.  If you plan to use the 1st time buyer credit of up to $8000 then float & rates may dip again.  Please call us for help!  321-777-7277.

Posted in:General
Posted by Scott Bray on March 25th, 2010 6:23 PM


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