Does all of the negative news from Wall Street have you down? Here is something that might brighten your day.
Interest rates on home mortgages are at their lowest points in a long time, and homeowners are taking advantage of it.
According to the Mortgage Bankers Association, home mortgage refinance applications are up 92% since November, and the average rate on a 30 year fixed rate mortgage is down to 5.49%.
Now is a great time to refinance, or upgrade to the home of your dreams.
I have a great resource in my office I can refer you to if you have questions about whether or not you should refinance, or if you have questions about financing that home of your dreams.