Category Archives: Interest Rates

Mortgage interest rates for the Albany, NY area. Discusses things related to mortgage interest rates that are relevant to home buyers, home owners, and real estate agents in the Albany, NY area.

Time to Refinance

Mortgage interest rates continue to be at all-time lows. If you have not refinanced yet now is the time to do it. Mortgage rates are not going to stay this low forever. They really have no where to go but up. That’s not to say that rates are going up any time soon, as their is still a lot of uncertainty in the economy.

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October 20, 2011 at 10:42 pm | Comments Off on Time to Refinance

Locking in an Interest Rate

The million dollar question every customer asks: “When should I lock in my interest rate?”. And the fact of the matter on this one is there is no crystal ball that can predict the absolute correct time to lock in. Because interest rates can change at a moments notice based on several unpredictable variables, there is no way for any loan officer, accountant, stock broker, financial planner, to predict with absolute certainty the best time to lock an interest rate in. They can all give you their opinion based on articles they’ve read or what they’ve observed in the financial markets, but there is no way for anyone to predict whether interest rates are going up or down with any kind of absolute certainty. But here are some tips

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May 17, 2011 at 7:03 pm | Comments Off on Locking in an Interest Rate