Homeowners like to take cash out with a mortgage because the interest rates are low and and the interest is typically tax deductible. Whether you want to buy your 1st home, refinance your existing mortgage, buy a boat or utilize your home's equity for making home improvements, Current Mortgage Interest Rates offers the low rates online on a daily basis.
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New home developments are among those indicators bouncing along the bottom. Starts declined by 3.7% during November, landing at a 1.187 million (annualized) rate of initiation. However, the last three months have been basically flat, and with inventories of new homes slowly starting to decline we may see higher levels of starts sooner than some estimates of 2009. That said, it may have been better if starts had fallen even more, as that would help to trim additional bloating of inventories of homes for sale. However, permits for future activity were also down, to 1.152 million annualized, so future additions to inventory should also be smaller.
Rates for Refinancing
Take advantage of historically low rates to lower
your monthly payments or buy more home.
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Our Mortgage loan programs can
help you get you the cash you need for:
- Home Improvements
- Loan Programs for All Credit
- Refinance your Existing Mortgage - Lower
your Current Payments.
- Convert your Adjustable
Rate Mortgage to a low fixed loan.
- Convert your
30 yr Mortgage to a 15 yr Mortgage - build equity faster.
cash now? Home equity rates are priced right.
First, even a small
rate cut can pay off quickly. That's because there are some mortgage companies
willing to waive routine refinancing charges such as application, appraisal and
legal fees. Of course, in exchange for low or no up-front costs, you'll have to
be willing to accept a rate that's somewhat higher than the Lender's "buy
Second, if you are planning to stay in your home for at least
three to five years, it may make sense to pay "points" (a point equals
1% of the loan amount) and closing costs to get the lowest available rate.
you may be able to tack your closing costs onto your new loan and still end up
with a mortgage that's smaller than your original loan in addition a lower rate
and lower monthly payment.
Rates are the lowest they have been in over
40 years, so get FREE quote and start saving $$
Our loan services are
offered at no cost with no application fees, and no obligations.