Refi Rate Update: Why Now is the Time to Act

If you've got an adjustable-rate mortgage or a mortgage above 6 percent, it's time to start looking around for a good deal on a fixed-rate mortgage. Why? Two key forces are converging in the next few months that could lead to a jump in mortgages: the Fed is no longer buying mortgage assets and private mortgage insurers are getting back into the market, but no one knows for how long. The Fed completed its $1.25