Interest Rates Are Dropping: If The Interest Rate On Your Home Loan Is Over 4% Call Me To Refinance Today!

Seriously!  I cannot believe how low interest rates have dropped in the last week.  I have been locking the interest rates on refinance and purchase loans at ridiculous rates.  Like all of you, I read that the Fed was going to try and raise interest rates by the end of the year so I am more than surprised that the interest rates are currently as low as they are.  For those of you that do not know, interest rates rise and fall like the stock market.  There are days when we get 3 or 4 price adjustments in one day.  Interest rates change based on a number of national and international factors.  The strategy is to take advantage of the low interest rates while they are here.  If you wait, you could very well regret not taking action.  Whenever you are able to obtain a 30 year fixed interest rate below 4% you should strongly consider refinancing.  If you are in the market to buy a house, you might be able to qualify for more house when interest rates are lower.  If you have a VA or FHA loan YOU NEED TO REFINANCE as the VA and FHA interest rates are even lower than the conventional rates.  Plus, you might be able to qualify for a NO COST refinance or purchase loan.  That means that you might be able to obtain a refinance with no cost to you!

Of my 3 skill sets (law, real estate & finance) I enjoy the financing side of what I do the most, especially when interest rates are where they are right now.

If you or someone you know is interested in refinancing or qualifying to purchase a home contact me today at 760-692-5950 or by email at  I would not suggest waiting because the only way to guarantee an interest rate is to lock the interest rate.  You can only lock an interest rate when you are submitted.  Even if you want to wait and let the interest rate float, you need to be ready to lock when the opportunity strikes.

My finance company is Frontier Loan Group, Inc. CA BRE#01449152 NMLS# 345305.  My CA BRE # is 01433800 NMLS# 280011

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