Monday, December 6, 2010
Loan Rates Heading for the 5% Range
The artificially low rates of October ARE a thing of the past and WILL NOT return. Did you miss the low 4% boat? You can still get on the mid 4% boat, but you'd better hurry. The 5 & 6% boats will be leaving later in 2011. Current rate is 4.46%, up from last week's 4.4%. This really is a good time to buy!