Green means go!

14 03 2011

Green.  It means go.  It means spring.  It means cash.  And for mortgage-backed securities, it means dropping rates

If you can handle the scare, click HERE to check out the national averages for 30 year fixed rates from 1986 to the present.  It’s sobering to see how cheap our home buying money is right now.

Over the past 30 years, the average mortgage interest rate in the US has been over 7%.  This means that today you could buy over $50,000 more house for the same payment or buy the same house and save over $74,000 more dollars. 

If you were unable to refinance this past year, now is the time to speak with a qualified lender to learn how much green you can save. 

Here to serve,

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