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Friday Question of the Day – Are Interest Rates So Low that you’d be Crazy not to Refinance (or Buy) Your House/Condo?

by Prince Of Petworth October 6, 2011 at 10:20 pm 94 Comments

So I can’t believe these rates are still dropping – 30 year fixed rates have even fallen below 4%! Sorry I didn’t mean to sound like a commercial right there but since you’ve convinced me to get a flu shot, I’m wondering what you think about these insanely low interest rates? If you have a 30 year fixed rate at 5.6% would you definitely refinance? If you’re on the fence about buying a place would/should this make you expedite your decision?

So for the Friday Question of the Day – are interest rates so low that you’d be crazy not to refinance (or buy if you were thinking about buying)?

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