Finally.. Good News in the World of Rates!!

After weeks of writing about ….and you have to reading about …..such a FUN Topic.. How to think “positively” during the most recent rate hysteria!!!! I can finally share that things are looking better in world of rates! Rates have steadily declined over the past few weeks, stabilizing and once again allowing more clients to save money (refinance) and reap greater buying power (New home purchase)It pays to be pro-active!!  So many of you have recently contacted me….do not be one of the one’s that wished they acted when rates were at their lowest!!!! 

With rates going down and the market being a buyer’s market, it’s essential to TAKE ADVANTAGE!  NOW!!!!!According to the Bureau of Economic Allowances, the average mortgage rate on outstanding mortgages in 2010 was 5.979%. Today, lenders are offering rate and programs in the 4’s ..If you refinance and save you $125/month...that adds up to $45,000 over the term of a 30 year fixed rate loan. Why should you let the big banks have all your money?? If you're mind full of your pennies, you will never have to worry about your dollars. I can't stress enough to my clients the importance of  being savvy consumers. In the current economic climate, who doesn't need a little extra cash in their pockets?? Not only should you be thinking about your BIG monthly bills, but you should be re-evaluating you smaller monthly bills that quickly add up, like your homeowners insurance, car insurance, life insurance, and even cable bills... just to name a few. Just plain and simple... now is the time to make sure that you've secured the best product and rate for your biggest investment... your mortgage!!!

Feel free to contact me,   Dorothy at Gateway Mortgage Services LLC. For a free no-obligation, today! (860) 833-1083 dorothy@fundsforhomes.com