Mortgages rates plunged to record lows recently and you may be asking yourself if maybe you should refinance?
Each persons situation is different and factors such as how much equity you have in your home, your debt to income ratio, your credit score and tighter credit and lending standards will determine which rate you will qualify for. But if you do qualify for the lowest rates, the savings could be quite substantial.
It's probably not a bad idea to talk to a trusted mortgage lender to see if it will benefit you or not. We have worked with hundreds of lenders over our thirteen years in the business and can recommend quite a few excellent lenders who know their stuff. If you would like a few recommendations then we would be happy to assist you with that.
Friday, December 19, 2008
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