Whoa! Rates Moving Upwards

Sudden Reversal

The cost of the huge stimulus package has begun to hit the marketplace. As the government borrows more and the economy apparently picks up steam, more US debt has to be absorbed by the world. In order to make our bonds more attractive, interest rates are rising.  

While rates have moved into the 5's, they are still a bargain when compared to historical rates. Combining these with low sales prices, creates some real opportunities. Call us and we will review the numbers and strategies for a great buying experience when purchasing your new home.

The huge savings from refinancing may be gone, but if you can still save enough to recoup your closing costs or convert from an ARM or a Balloon, or change your term and payments, a refinance may well be worth considering.

David Field is committed to providing his customers with sound mortgage choices to provide financial peace of mind. His goal is to help you achieve your payment and equity objectives with proven financial tools. Add in streamlined and highly efficient processing and the most outstanding lenders nationwide and you have a winning mortgage result every time!

Sound Mortgage Choices with Cost-Effective Strategies.