If you're getting a home loan, we'd like to encourage you to pay as little as possible for your interest rate. You can win in this changing market and we'll tell you how!
A quick glance at any news web site would have you believe the economic sky is falling. And while both the economy and the real estate market ARE changing, it's not all gloom and doom. There are also some real opportunities out there!
Interest rates vary tremendously based on the parameters of the loan and the overall cost/benefit strategy you ultimately employ. Any yahoo can quote you an interest rate on the given day you happen to call. The better question to ask is: How are interest rates behaving right now and why are they behaving that way?