Interest Rate Report - November
RateEmpire.com
Since late August, mortgage rate is quite stable. Overall economic scenario is heading towards recession. Home prices are falling.
Long-term interest rates as well as fixed rate mortgages are being shaped by the future apprehensions. But the refinance and mortgage industry are suffering from uncertainty and rampant alterations. The short-term loan rates are expected to grow up a bit and interest rates may stabilize and then decline through out the month of November.
Original Article
Copyright 2007 RateEmpire.com
|