Ask Experts Questions for FREE Help !
Ask
    serge1's Avatar
    serge1 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 3, 2009, 01:14 PM
    Interst rates
    We want to refinance our home mortgage which is now at 6% to at leaset a 5% on a 30 year fixed rate. We started watching rates on January 21, 2009 when they where at 5.25 % and since then they have only risen. All the number on the ecomendy have be pointeing downwork so why are interst rates doing the same. Do you think that we missed the bottom?Will the bank resercure program help rates come down?

    Thanks

Check out some similar questions!

Interst expense [ 1 Answers ]

If a company a four month, 12% note for $32000. How do you calculate the interest expense?

Finance: where payment periods are different from interst payments [ 3 Answers ]

I don't have the exact question but if someone has an example that would be helpful. As I can recall the question goes like this: FV is given PMT is given but it's compounded quarterly or the coupon rate is compounded quartly N is given I is given but it's compounded semi annually How...

Finance: where payment periods are different from interst payments [ 5 Answers ]

I don't have the exact question but if someone has an example that would be helpful. As I can recall the question goes like this: FV is given PMT is given but it's compounded quarterly or the coupon rate is compounded quartly N is given I is given but it's compounded semi annually How...

New car vs. Used car interst [ 3 Answers ]

Hello all, Is there a set limit of interest that can be charged to a new car loan for a first time buyer with a not so good credit rating living in New Jersey. If in the event there is do you know of a link that will back it up so I can research it,

View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.