Blog by Tomi (Tomyal Emptage)

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Down Go The Interest Rates Again

 

Down Go The Interest Rates Again
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The Washington post is reporting that 30-year fixed mortgages have once again hit a record low of 3.49% this week.  This makes me hear songs in my head.  One is from Grease with the lyrics, “How low can you go?”  Born to Hand Jive, right?  Another one I hear is Rock Lobster from the B52’s with the lyrics, “Down, down, down”.   Now you know my odd sense of humor.  I bet you won’t forget the rates are down.  Does this make you wonder if they can go to zero?