 Time To Refinance?Wednesday, August 3, 2011 - Article by: Eleanor Thorne -
Bad News in the Economy generally means GOOD news for mortgage interest rates... so, as you read the news about the Stock Market in Australia, and Japan going down because US Consumer Confidence is so low - and there's talk about a "Double Dip," think 4% mortgage rates! At 4% mortgage rates, the 15 year rates would be near 3.5%... we're not there yet, but we are getting close. If you have a mortgage rate higher than 5%, you should go ahead and call us, so that we can put you on the list of folks looking for today's lowest mortgage interest rate! Worried that you don't have any equity in your house to refinance? Well, there's a bill in Congress that has bi-partisan backing, named Helping Responsible Homeowners Act of 2011. If this legislation goes into effect, it would lower thousands of dollars in fees associated with refinancing, and remove refinancing limits on underwater properties. So CALL US 919-649-5058, and we'll be glad to go over your options! Steve Thorne Mortgage Banker in Cary NMLS ##60596 Equal Housing Lender |
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