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Saturday, May 23, 2009
Bonds still have more room to go!
I would say we still have some ways to go on the bond! I don't how especially with all the bad economic news....I would think of it like a warm up of what will be our reality down the road and that's double digit interest rates. Inflation plus lack of credit will be painful for the credit worthy consumers. My advice would be to refinance now and use some of the equity you still have and invest it on something in either real estate or stocks since this painful downturn will come and go! Good Luck! 4.875% 30 Year Fix is today's rate on 85% LOAN TO VALUE WITH CASH-OUT!
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