Did You Miss Out?

In this crazy and volatile market there have been many opportunities for home owners to drastically reduce their interest rate and save hundreds of dollars a month. The problem is that the opportunities were short lived and only a very few were able to take advantage of lowest rates offered last week. On Tuesday, rates in the morning were at their lowest levels in over 3 years, however, 3 hours and 4 rate changes later they were up 0.375%-0.5% (still great rates).

By the time most home owners knew about the rates dropping, they already raised a 0.50% or more. It pays to work with a mortgage broker that will manage your mortgage and knows your target rate and payment to refinance. If you have a $250,000 mortgage a 0.50% in rate could save you about $80/month and over $28,000 over the life of your loan.

If you have not heard from your last mortgage broker/banker please feel free to give us a call and we can discuss and help you determine what your target refinance rate should be and ensure the next time rates drop you don't miss out.

Prosperity Financial, LLC - Your Mortgage Manager
Lafayette, Colorado

http://www.colomortgages.com/ http://www.3bed2bath.net/


Purchase - Refinance - Cash-Out - Home Equity - Debt Consolidation - Great Rates