What I learned today...

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Billy
Posts: 6
Joined: Sat Feb 02, 2008 3:20 pm

What I learned today...

Postby Billy » Tue Feb 05, 2008 7:53 pm

If you are looking to refinance your mortgage...and it appears that the Fed will be cutting rates, the time to re-finance and catch the best rates are in the days leading up to the Fed meeting.

Not after.

And, definitely not a week later while waiting for the Fed to cut a second time thinking rates will be even better!

Oh well...lesson learned.

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GerryW
Mr. Salami
Posts: 1748
Joined: Fri Feb 01, 2008 8:24 pm
Location: Luxembourg

Re: What I learned today...

Postby GerryW » Tue Feb 05, 2008 8:33 pm

And I may welcome you to Airdisaster.info!

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Ancient Mariner
Posts: 3774
Joined: Sun Feb 03, 2008 5:24 pm

Re: What I learned today...

Postby Ancient Mariner » Tue Feb 05, 2008 8:46 pm

If you are looking to refinance your mortgage...and it appears that the Fed will be cutting rates, the time to re-finance and catch the best rates are in the days leading up to the Fed meeting.

Not after.

And, definitely not a week later while waiting for the Fed to cut a second time thinking rates will be even better!

Oh well...lesson learned.
Hi, Billy The Learned and Poorer One.
Per


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