Diamond Mortgage Blog

I have never seen rates this low for a 30year fixed rate mortgage! 4.5% Like I said in blogs before this that they were going to drop rates to crazy lows. Did think that I wave a crystal ball! This is what the banks do every year around this time.

With the fed lowering the Fed Rates you would think that the banks would have been happy to give us lower interest rates and higher saving interest months ago. If you have every seen those WAMU commercials with the bankers and they are saying FREE! Yeah Right. Thats what they have been doing with all of us. The government should have made them lower rates 2 years ago.

Now you know that the next time you are going to buy or refi, wait till the holiday season. If you need to refi. Give Diamond Mortgage Lending a call.