According to Forecasts.org (an independent mortgage rate forecasting organization), rates are forecasted to go up slightly in 2010. This is based on several calculations and forecasting models that use several financial indicators to estimate future mortgage rates. They are projecting rates to increase about a 1/4% to 3/8% in the coming months. If you were thinking of refinancing your mortgage or purchasing a home, now may be the best time to move. There are many great deals buying homes now in South Carolina and North Carolina. Call your mortgage professional to get Pre-Approved and start home shopping. Plus you may qualify for up to an $8000. IRS tax credit. Good luck and don’t miss out on these great low mortgage rates.
-Gary Schoenholz (864)979-1111. 15+ Years of mortgage experience. Website: www.GarytheMortgageExpert.com
