Wednesday, May 12, 2010

Home sales are down and refinances are up.

We here at loan bloggers think it’s a time to celebrate. We not only can help you get a new home with a super low interest rate, but if you are paying too much interest on your current home mortgage, maybe its time to think about refinancing,



Following the end of the tax credit rebate offered by the federal government house sales fell quickly. But that was expected to happen, what is causing news now is that boost in interest for refinancing. People are realizing how exceptionally low interest rates are now.



Everything is connected. Investors from around the world flocked to the U.S. Treasury securities after the Greek debt crisis. This benefited mortgage borrowers as it caused rates to drop much lower than expected.



As always give us your thoughts below in the comment section. If you have any questions let us know and write away right away.

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