YES, YES, YES!
Here in Connecticut Mortgage Rates are in the 4's right now and you can save thousands of dollars by taking advantage of these low rates now before they start to move upward. Even if you just bought a home or even refinanced a few months ago, this still may be a great time to refinance.
Let's take a look at a $200,000.00 mortgage @ 5.5 a vs the same $200,000.00 mortgage at 4.75%
If you have a $200,000 mortgage with a rate of 5.5% you pay $1,135.58 a month in Principle and Interest and If I refinance that with a rate of 4.75% you save $92.29 a month(this does not seem like a lot of money but), take that $92.29 month and now apply towards principle and you shaved NEARLY 5 YEARS OFF YOUR MORTGAGES! and SAVES OVER $64,000.00!!! - Let's look at your mortgage you currently have and see what we can do!
It costs you nothing to find out what you may save, Contact me directly for a no obligation mortgage consultation. 860-482-7674 or leolends@yahoo.com
Leo Namiot - Senior Mortgage Banker
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