All things refinance rates
They believe the recession is only beginning and that home prices will continue to decline in the coming year. Buyers can currently find some good deals on homes and mortgage loans, which could spur sales in some areas. But the inventory surplus from foreclosed properties may continue to hold back the real estate market. In addition, there are a slew of adjustable rate mortgage loans that are set to readjust in the coming year. Many predict that will contribute to the already overburdened inventory of homes.