Rates At An All Time Low
Posted by Dan Kennedy on
Big news in the real estate world again this week! Mortgage interest rates continue to drop! They've dropped below 3.5%! This is great news for anyone considering buying a house. We can't stress this enough..... If you're going to buy a house or invest in real estate anytime soon, NOW is the time to get it done! A rate at 3.5% will save you tens of thousands in interest over the life of a loan. We're always happy to run the numbers for you to decide if a purchase or a refinance on your current mortgage makes sense.
For example.... Rates last year at this same time were around 4.5%. On a typical $300,000 loan, today's rate of 3.5% would save the borrower approximately $60,000 over the life of a loan. What could you do with an extra $60,000 in your…
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