Refinance Home Loan Rates – Chase and Wachovia Mortgage Interest Rates Today
Posted on | March 30, 2010 | No Comments
Refinance home loan rates have been near all time lows for quite some time but it seems as if mortgage interest rates are set to move higher. Chase and Wachovia are two major mortgage lenders that offer home mortgages to customers. These lenders have offered low mortgage interest rates to many borrowers over the last 17 months but rates are set to move much higher soon.
Since the middle of last week we have seen the 30 year fixed mortgage rate move up .25%. Almost all mortgage lenders are reporting higher rates so it is not just Chase and Wachovia. If you are looking to refinance at a low rate it might be a good idea to get started as soon as possible so you don’t miss out on low rates.
Many analysts continue to predict that refinance home loan rates are going to move up starting in late March or April. We may have already started to see the move higher. Over the next few weeks it will be very interesting to see where mortgage rates go as it could determine if many Americans seek to refinance their homes.
Making any financial decision is extremely important but when a home is involved it is even more important. Make sure to take the time and effort to look at your overall financial situation before you decide that it is right for you to refinance at the present time.
Author: Jeremy North
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