Take Advantage of Reduced Mortgage Rates
Posted On: October 5th, 2009 by James Posted In: Financial Health • Mortgage Rates
If you haven’t already heard, 30-year fixed mortgage rates have dropped recently. If you or someone you know has not recently looked into refinancing options to save money, pay down your mortgage faster, and reduce interest expense, please call or email. We will quickly analyze your current borrowing and help you determine if refinancing makes sense.
Recently, the Federal Reserve announced they would extend the purchase of mortgage-backed securities into early 2010, but without allocating any more funds to this effort. The Fed’s efforts of purchasing mortgages is a primary reason rates have remained so low to this point. Now, with the end in sight, experts agree that fixed-rate mortgages will begin rising for the long-term.
Continue Reading – Take Advantage of Reduced Mortgage Rates
Is a Refinance Right for You?
Posted On: October 1st, 2009 by James Posted In: Financial Health
Many of you may have heard now that rates are drifting lower and lower still. We’re below 5% right now for most conforming mortgage scenarios, and the “fannie mae refi-plus” is a great option for qualifying for great pricing even if your home’s value has slipped. If you want to find out just how much you would save, or how quickly that savings would be paid for in a refinance, I have developed a quick online form for my clients and friends to find out where they stand.
Please fill out this form – it should take you about 15 seconds. My staff and I will take this info and come back to you with a report that clearly lays out your possible options.
