Interest rates are among the top concerns for most buyers considering a home purchase. While you may have recently seen that interest rates are rising, they are still low, historically-speaking — making now a great time to purchase your dream home. Check out the graphic below for more information. If you are interested in discussing your home financing options, call me!
http://fastestclosing.com/historically-speaking-interest-rates-are-still-low
http://theseatlemortgagelender.com
@originatortoo
Actually if you take the amount it costs tr refi, and put that amount onto cutting down your balance down you would be farther ahead
Lance Morgan
Seattle, WA
Thank you for your comment Mr Feela. Costs are a big piece of the puzzle when deciding if a refinance makes sense or not. Costs can be controlled by the chosen rate and there are scenarios where no cost or little cost loans exist but that means a higher rate. Just as Mr Feela does for his clients, I too recognize the importance to listen, assess and advise depending on the particular needs and it’s our job, as real estate professionals, to point out the pit falls including assessing if a refinance makes sense. Information is key so you can make informed and smart financial decisions. For example, should you really sell your home and absorb all of the costs of selling a home? Actually, you could be further ahead by doing a remodel versus absorbing all the cost associated with selling and buying of a new home. Either way, refinancing or selling a home, the numbers don’t lie and should be understood but the circumstance often times influence the decision.
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