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Will the rates hopefully stay the same until end of year? Someone please confirm.

I filed late for my joint tax return, October 15th. I have to wait a bit in case they ask for my return, it has to show in IRS, so I cannot refi now, I have to wait a month. Will rates stay same until then? Please help by EmilioBrowne1966 from Bend, Oregon. Oct 18th 2010 Reply


Linda Miller (Linda Miller)
#2 ranked lender in Utah - 572 contributions

I think rates will remain below 5% through the end of the year. That's what I am reading in all the info I look at - but also know the expert really don't know either. However, any bump in rates will hurt the fragile economy and I doubt they want to take a chance until unemployment goes down.You could go ahead and start the loan process and see if you even need your taxes. Are you a W2 employee or are you self employeed? What type of loan do you have now? Is it an FHA or conventional? Different loan programs have different requirements. Give me a call at 801.506.3133 and I can ask you a few questions and give you some advice on what to do next.

Oct 18th 2010
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Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions

General consensus is we should see very little movement unless something unforeseen occurs. .... Good luck, Rudi

Oct 19th 2010
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