Would you like to buy more house or have a smaller monthly mortgage payment?

Are you thinking about buying? Have you thought about refinancing? Interest rates have hit a record breaking low with an average 30-year fixed-rate loan around 4.09% - levels that we haven't seen since 1951!!  30 year fixed - 4.09% - lowest in 60 YEARS!5 15 year fixed - 3.30% What does this mean for you?? If you were going to buy, you can buy MORE house or pay less for the one you want. A SWEET DEAL INDEED. A $100,000 home with 20% down and an interest rate of 4.09% would have a principal and interest monthly payment of only $386.09 - taxes and insurance not included. If you … [Read more...]