Lowest Rates Since June 2013

Everyone knows, mortgage rates are low. But how low are they really and what does this mean for home owners?

According to Tony Guaraldi at Guaranteed Rate, “Today is the best rate we have seen since June 2013 and approximately 1/8-1/4% rate to the all time low.” This is great if you are in the market to buy a home or thinking about refinancing. Lou Barnes of Premiere Mortgage Group wrote an article called “Why Mortgage Rates Are Defying Expectations and Falling as Recovery Strengthens.” He believes that any refi that recaptures costs in 18 months or less is worth doing. To read more, click on the link below to be redirected to the article. Happy reading!

http://www.inman.com/2015/01/09/why-mortgage-rates-are-defying-expectations-and-falling-as-recovery-strengthens/

Are you in the market to buy or sell? Or know someone who is?Call me and I will gladly help with all your real estate needs!

About Suzanne O'Brien

The role of a real estate agent is to guide you through the buying and/or selling process and take the time to make sure you understand every step of the transaction. I am absolutely committed to fulfilling your needs with the highest level of professionalism, expertise and service. My commitment to listening and satisfying your needs are the foundation from which a solid business relationship is built. I realize that people do business with people they trust. I am interested in what is best for you, the client, and am committed to establishing a long-term relationship based on trust. In addition, real estate is often times very personal, about family and home and pride myself in developing relationships that now call clients my friends. I pride myself on being knowledgeable and staying current with the fast pace changes in the industry. I approach each clients’ needs individually and am constantly aware of current and upcoming inventory. My creative approach to the business has earned me wonderful associations with both clients and other real estate professionals. I am always working for you…I feel the responsibility to make your dreams a reality…one move at a time.
This entry was posted in Finance, Home Buying/Selling, Home Loans, mortgage, Real Estate and tagged , , , . Bookmark the permalink.

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