INTEREST RATES...A SUBJECT WORTH THINKING ABOUT

When we experience a decline in the interest rates, this can be nothing but good news for homeowners and future home buyers.

Perhaps you have been giving thought to selling your current home and moving in the near future. If so, consider it seriously when the rates are low! If you were to purchase a new home, it is very likely that you would receive a rate that is less than you are currently paying. This decrease will also provide you more buying power.

Perhaps you are happy where you are and have no interest in moving. You can still benefit by refinancing! Contact your current lender and see if there are any benefits to you for refinancing with them. (Many times when rates decrease lenders put together very good refinance packages available to their customers so that you will keep your mortgage with them. It's definitely worth checking into.)