Question by Mitch G: What will happen to interest rates if the bailout passes through congress?
I’m buying a house and I close on October 31. It’s a FHA loan and right now my rate is 6.375%. Should I lock in beforehand or should I wait for the bailout package to pass? What will happen to interest rates?
Answer by doinou
At this stage of the game, you need to go with the deal before it’s too late.
What do you think? Answer below!