Rates Drop

Rates have dropped to near lows for the year. Many people predicited rates to continue to rise however this may be a great opportunity to refinance. Contact your mortgage professional to see if there is an opportunity for you to save money. Let them share the numbers with you so you can determine if the cost of refinancing make sense for you. Typically, after refinancing there is a specific point in time where a borrower begins to save money subtracting the cost of the transaction.

Good luck and don't forget to take advantage of these great rates!