Wednesday, August 11, 2010

A GREAT Time To Refinance!

While working my office duty I usually try to either do some blogging or read other blogs if I'm not swamped. Having a little "down time" today (which I am welcoming) I decided to check out todays interest rates.

Last time rates were this low, I personally refinanced and went from a 30 Year Fixed Rate to a 15 Year Fixed Rate and lowered my monthly payments by $200.00 a month! I locked in at 5.25 % then and rates are even BETTER now!

Mortgage Rates 30 Year Fixed: 4.49%

15 Year Fixed: 3.95%

1 Year Adj: 3.55%

(U.S. Weekly Averages)

As a Realtor we tend to concentrate on our Buyers & Sellers of the present. What about our former clients? Now would be a GREAT time to communicate to them about todays interest rates.

No comments:

Post a Comment