The Mortgage Blog

January 26th, 2008 11:23 AM

Have you been paying close attention to our interest rate ride.  As the subject line suggests, what goes down must go up!  What ride are you on?  If your not seriously considering buying a home, you LOSE.  I have been in the mortgage business for over 20 years and must say I have taken advantage of every rate drop.  I now am on my 4th refinance and am happy to say I just locked in at 4.875%.  I pulled out cash and will continue to build my portfolio with CHEAP money.  This is as close to legally robbing a Bank that I have ever seen.

Don't sit back and wait for "the bottom" get organized and get in the game!


Posted by John Milano on January 26th, 2008 11:23 AMPost a Comment (1)

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