Posts from February 2, 2012

IS NOW THE TIME TO REFINANCE?

Interest rates on 30-year fixed mortgages hit a record low. Presented by Money Managers Inc. Mortgages are cheaper than ever. Economists and real estate analysts who predicted lower interest rates were not disappointed; the earliest numbers from 2012 have reached an all-time low, leading a number of homeowners to consider their options. On January 12, interest rates on 30-year FRMs dropped to 3.89%.