Rates were great today, 3/5/2009, but I need interest rates for a 30 year fixed loan to get below 4.875% and 4.5% for a 15 year fixed. The one thing that could help that scenario to happen is that there be a increase in the unemployement rate in tomorrow morning's report, a drop in payrolls, and little or no incresase in earnings.
How can I track tomorrows outcome in such reports? The forecasts for unemployment are .3% increase to 7.9%. So if you Google "todays unemployment report" after say 8:30am Eastern Time and compare the findings to the above, you will at least have hope that lenders open with better rates...they don't always follow as we plan or hope.
Call for mortgage quote, Brad Lynch-469-450-2723
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Testimonials & About Me
- Brad Lynch
- Frisco, Texas, United States
- In 2002, Brad Lynch began energetically consulting families in finding the right mortgage plan for their needs. In the beginning years, he was trained by a mentor who led by example, and this example was the epitome of integrity. Brad learned in the beginning by his mentor that many prospects may not consciously see what good intentions he has for them, do to the “wrap” many have caused w/in this industry, but always do what is right for the customer and in the end it will payoff. Integrity coupled with an energetic nature to nurture relationships, Brad has created clients for life. Through these clients for life, referrals have become the lifeblood of his business.
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