The Wall Street Journal's Brett Arends says there's no better time to refinance.
The Fed and You: Don't Wait to Refinance
Why Mortgage Rates May Not Go Lower
January 30, 2008 4:24 p.m.What does the Fed's move mean for your money?
Simple: If you were planning to refinance your mortgage but you hadn't gotten around to it, do it now.
See a mortgage broker this afternoon or tomorrow morning. Call in sick if you have to. Don't wait.
Thirty-year fixed rate loan rates have been on the floor recently, but the response to the Fed's move suggests that may not last.
