[Download] "Take Advantage of Low Rates by Catching the Refinancing 'Wave' Take Advantage of Low Rates by Catching the Refinancing 'Wave' (At Home)" by The Virginian Pilot # Book PDF Kindle ePub Free
eBook details
- Title: Take Advantage of Low Rates by Catching the Refinancing 'Wave' Take Advantage of Low Rates by Catching the Refinancing 'Wave' (At Home)
- Author : The Virginian Pilot
- Release Date : January 23, 2008
- Genre: Reference,Books,
- Pages : * pages
- Size : 77 KB
Description
Why should you refinance your mortgage loan? To take advantage of rock-bottom interest rates. The average rate for a fixed-rate 30-year mortgage is currently 5.47 percent, the lowest level since 2005. These lower rates have created a surge in refinancing, as many homeowners have been looking for a way to get out of their adjustable-rate mortgages or lower the rate on their fixed-rate mortgages. According to the Mortgage Bankers Association, refinances accounted for almost 70 percent of mortgage applications during the first week in February, and the inquiries keep coming.
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