Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Will mortgage rates (FHA 30yr-fixed) continue to rise now that it's been so low?
All my loan paperwork has been approved by the underwriter, but my loan officer is telling me to sit tight because the rate for a 30-yr fixed FHA has increased in the past week. He believes it will come back down a few 1/10ths of a percentage and will lock it in at the lower rate. Should I trust it, or are global trends going to continue pushing the rate higher?
3 Answers
- Uncle LeoLv 51 decade ago
The trend in mortgage rates is upward. Credit is tight, in spite of what the Fed is doing, and will probably get tighter.
- CatLv 41 decade ago
Risky. Everything I've read says they're going higher. I wouldn't wait more than 2 weeks.
- Anonymous1 decade ago
they can pretty much only go up longterm - who knows from week to week and for +/- 1/10 of 1% - it's not going to save or cost you that much
