ALL TIME LOW IS GOOD
Did you know that mortgage rates are at an all time low! But…they won’t stay that way for long. So, if you’re thinking about buying, selling, or refinancing, the clock is ticking!
Take a look at these rates! Whew!
|
30 Year Fixed |
4.75% |
|
15 Year Fixed |
4.25% |
|
5 Year ARM |
4.0% |
Could they go lower you ask? Could the fixed interest rates go to 4.5%? The answer is, “Maybe” Should you risk waiting? The answer is, “NO“. Just as quickly as the rates dropped they can just as quickly go back up. Tick Tock.
This quick 2 minute video, from the Today Show last week, answers several questions like:
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How much money can you save with a 1 point drop in your interest rate?
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Should you buy a bigger home now that rates have fallen?
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Should you refinance now?
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What happens if I buy a home now and the interest rates fall again?
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Look what’s happening right here in Indianapolis Real Estate market! This is GOOD NEWS for EVERYONE!
Here’s some GREAT additional information – HINTS FOR HOMEOWNERS
