Questions and Answers with Lyne Tracy

 

Published: March 18, 2008

Q : Mortgage rates are at two-year lows. What's the response in the Oklahoma City area?

A : We have seen an increase in refinances, but the rates have been very erratic. When they dip we have flurries of activity, and then it slows down when the rates jump up.

Q : Interest rates have been at historic lows for a long time now. Why would people refinance now, if they haven't already?

A : There ar...


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