Like What You're Reading? Submit your email to be notified of new articles! Really Simple Syndication

Homes For Sale

Real Estate Info

Should You Refinance Your Current Home Loan?

Crofton Real Estate Questions & Answers

Q.  Should I be thinking about re-financing?  I heard that rates are really low right now.

A.  If you haven’t yet refinanced your 6% or higher mortgage, now might be the time to do so. 

Take a minute to read this article and view these charts on CNN Money.  You’ll see that 30–year loans are below 4.5% for the first time in eight months, and 15 year loans are even lower.

Even if you’ve been paying on your loan for over a decade, it could lower your payment to refinance now with a 15–year loan at today’s low interest rate.  Try the MORTGAGE CALCULATOR on this website to play with the numbers, and contact me to recommend a local lender if you’d like more information.

____________________________________

Copyright © 2007 Focus On Crofton     Agent Login    IDX Login     Design by Real Estate Tomato     Powered by Tomato Blogs

Margaret Woda on Zillow
My Davidsonville Real Estate Listings