No, youre not losing your mind. The Global economy recovery is - TopicsExpress

No, youre not losing your mind. The Global economy recovery is softer than expected SO, analysts predict that mortgage rates will decline yet again. Pair that with a pre Christmas housing slowdown and a lower demand for the 5 year bond and voila, the 5 year fixed rate will decrease bit by bit. It started in October and some lenders are continuing the trend. It makes for a lot of uncertainty in the mortgage process for homebuyers and those wanting to re finance. Ask your mortgage broker/agent to simplify the equation for you!

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