UuVareations

Exactly what are experts saying surrounding interest rate trends? Without a doubt, now seems to be the optimal time to apply for a low mortgage rate refinance. Waiting for interest rates to fall on a refinance has payed off over the last couple of years — but what about when housing starts pick up? It’s true — sometimes waiting pays off. We are now enjoying some historically low interest rates, but lenders are also very conservative in their lending as well due to the record number of defaults. Ultimately, banks are in business to profit. Lending is a huge revenue maker.