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Should You Refinance Your Mortgage?
Should You Refinance Your Mortgage?
Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They're at levels not seen in 50 years.  For homeowners that missed the Refi Boom of November 2009, it's a second chance.
In this well-presented, 3-minute video from NBC's The Today Show, you'll get tips getting low rates and choosing the best time to lock in.
Some of the topics covered include:
Why were the experts wrong about rates moving higher this summer? How much money can you save with a 1 point drop in your interest rate? Should you buy a bigger home now that rates have fallen? The advice in the piece is matter-of-fact and centered.  There is no cheerleading and the message is honest. Mortgage rates are low and they likely won't stay that way.  If you've been thinking about a refinance, talk to your loan officer as soon as possible.
Posted by Michael LaFido on May 27, 2010 | Tags: Mortgage Rates
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