Tuesday, November 23, 2010

Morgage trends for 2011

Hi folks!

Some morgage trends to look out for according to Bankrate.com.

Bankrate asked a half-dozen mortgage professionals to weigh in on where housing is headed as 2010 comes to an end and 2011 begins. Here are some of their predictions:

1. Mortgage rates will stay low.
2. Foreclosure "overhang" possible.
3. Processing time will remain long.
4. Zero cost refinancing will look more attractive

Want to learn more? Visit http://realestate.msn.com/article.aspx?cp-documentid=26405117

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