The Break Even Point. When is the right time to Refinance your Mortgage?
After the Federal Reserve announcement on November 3, 2010 and the comment to keep “rates exceptionally low” will fuel rates to hit and hover at historical low rates. Question do you need or want to take advantage of lowering your rate. Many home owners today still have interest rates above 5% and even 6% that purchased before the housing boom. FoThi sis the ideal time to refinance while rates are low.
What are your goals and is your refinance matching your goals? Contact us today to understand what options you have and empower yourself to savings. Thank you for allowing us to assist you.
Obamas Stimulus plan to assist home owners refinance who lost equity in Seattle |
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