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How low can mortgage rates go? | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports Meanwhile, 327,000 new single-family houses were for sale, “Until construction ramps up, housing costs will likely continue rising above income, Does a lower mortgage interest rate automatically mean that you should refinance?. He has reported on mortgages since 2001, winning multiple awards .
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Should You Choose a Fixed or Variable? Should You Choose a Fixed or Variable? Tip: Common Indexes. The most common indexes to which the interest on adjustable-rate mortgages is pegged are the 1-Year Constant Maturity Treasury Index, the Cost of Funds Index (COFI), and the London Interbank Offered Rate Index (Libor).
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