Facts are:
1. Mortgage rate
is at historical lows now (at the time of this posting Dec. 2012).
2. All
indication shows upward trend for mortgage rate.
3. Banks are
issuing credit for qualified applicants.
So, why not
consult with mortgage professional to see if you
can refinance your loan. See if you are not under the water. Meaning your
value of home is NOT less than you value of your loan, than you need
to refinance imminently before hike up. Take advantage of this low rate. If your
rate is higher than 5% you should refinance and save some money every
month. PLEASE CONSULT WITH MORTGAGE SPECIALIST. Check current mortgage rate here Catalyst
Lending where I am affiliated with. Also, Email me if you need to
determine your home value or CMA (comparable Market Analysis). This is a FREE
service I provide for all my clients.
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