Ch-ch-ch-changes……why you Might Want to Refinance Now!
Monday, April 26th, 2010Have you been reading the papers or listening to the news lately? (Ok, I guess you have been because you are reading THIS paper. Just call me Master of the Obvious). Rates are low. Actually, rates are really quite low. You may be considering refinancing in the next couple of months. Maybe you need equity from your home but you’re hesitant to touch that great rate you got a couple of years ago. Or, maybe you’re sure you want to refinance but are waiting for the latest news from the “Fed” before you take the plunge. Well, there are a few reasons why you may want to take action sooner than later. Fannie Mae and Freddie Mac, the major lending institutions for non-government loans, have recently announced that they will... Read more »