Time to catch up. Big NEWS!
On contract for a house, closing July 31st. Going to set me back about $210K and I've been scrambling to get inspections, mortgages, and lawyers.
Recent economic improvement and then subsequent further news about declines has been wrecking havoc with mortgage rates.
When I started looking, 30-yr mortgage rates were around 5.00% and then started to creep up to 5.6%. In the last week, the rates are starting drop and come down to around 5.4%. Hopefully within 1-2 weeks, I can lock in right around 5.00% again.
That's it for now. Be back tomorrow with some thoughts on the economy.
Tuesday, June 23, 2009
Long time
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