Yes it seems like all we hear now is that the feds have cut the interest rate again. Is this beneficial for you? If you own a home is refinancing now the right move for you? It is important to understand that the rate cut that you hear about so much usually benefits the short term loan more than the long term home loans.

This entry was posted on Saturday, August 1st, 2009 at 3:32 pm and is filed under mortgage information. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.