Last week the Fed dropped their short term rates from between 0% and .25%.  This is an extraordinary measure taken to try and stimulate our sluggish economy.  The result of this is that mortgage rates are hitting historic lows.  For home buyers this is extraordinary news as 30 year fixed conventional mortgage rates dip below 5%.

For homeowners who have current mortgages at 6% or higher, you need to think about refinancing your home right now.  If  you fall into this category, reply to this e-mail and I will have a mortgage loan officer contact you immediatly.  I have relationships with some very competitive lenders and this move can potentially save you a large amount of money.

HAVE A VERY MERRY CHRISTMAS!



AND HERE'S YOUR MONDAY MORNING COFFEE!!