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Updated over 16 years ago on . Most recent reply

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49
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0
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Dave W.
  • Homeowner
  • Lodi, CA
0
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49
Posts

Mortgage rate lag time

Dave W.
  • Homeowner
  • Lodi, CA
Posted

How quickly/slowly will the mortgage rates fall following the Fed's reducing the federal funds rate to 0-.25%? Any idea of how far they'll go down? Our bank has offered us a re-fi, & I'm wondering if I should jump on it now, or wait a month or two.
Dave.

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