Down Go The Interest Rates Again
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?