LaPorte Group Blog

On Wednesday April 9th, I was looking at a graph of the mortgage bonds which control where the interest rates on our mortgages. They were at almost exactly the same spot as they were back on January 22nd when rates were at their lowest point in over 2 years. The main difference is that the interest rates now are a little over .5% higher since the lenders haven't lowered the rates as fast as they raised them in late January. Rates are still in a very good position even though they haven't fallen as fast.

With that in mind, a good referral for me this week is a friend or neighbor that missed the chance to refinance back in January and wants to take a look at it again. I would like to have a conversation with that person.