CNN Your Money August 3, 2013 13:59:00
Interesting point because you are not back where you started. a lot of people saying, wait, this housing recovery is not really benefiting me. you're right. if you bought a house between 2004 or '05, '06, '07, you are still 20% to 30% below the peak. mortgage rates have been climbing prerecently. 4.39% on the 30-year fixed rate. the average since world war ii is 6.5%. rates are still historically low. they should continue to climb the next year or two years. this is still a good time to refinance and still a good time to buy. on a brand yu "your money" at 2:00 p.m., which one of these people i...
Source: archive.org