• Can You Lock A Rate Below 3 Percent?

  • Mortgage commercials are all over the radio like it is 2005. Due to interest rates hovering at historic lows, one must consider becoming a “Serial Refinancer”

    We scratch our heads every day when we talk to people with currents rates up to 5% who are hesitant of jumping into a refinance.

    Here’s the bottom line:

    • 15 Year Fixed – 2.875% (ARP 3.177%)
    • 30 Year Fixed – 3.500% (APR 3.671%)
    • 7 Year ARM – 2.875% (APR 3.256)

    Keep in mind that everyone’s situation is unique depending on your credit and equity position. But remember, refinancing is not a failure but a savings!

    Call us or pay us a visit to discuss your options and see your potential savings.

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