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Mike DiMarzo

Bad News For Mortgage Interest Rate's

Monday, February 13, 2012 - Article by: Mike DiMarzo - Bank Of England - Message

Well all good things must come to an end, With record low interest Rate's for the past year. Looks like they are on the move back up. With unemployment breaking 8.5 Barrier to 8.3 last week, gives us good news and in the Mortgage industry Good News is Bad news because the economy is on the rebound.

So Watch out for increasing interest rate's in the near further, If you where planning to Purchase a home or Refinance your current loan nos the best time yo do so.

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