The Federal Reserve announced yesterday that they will not reduce the bond buying activity for now. As a result, mortgage interest rates are expected to remain low until the end of the year. Currently, rates are in the high 2’s for a 30 year fixed.
Consumers who are still on the fence with refinancing should strongly consider the opportunity. See the story here: http://www.mortgagenewsdaily.com/consumer_rates/981820.aspx
Mortgage Loan Signing Services, Denver Metro Area