In The News...
There are no economic reports due for release today and the calendar is light for the rest of the holiday shortened week. The only notable reports is the Fed's beige Book tomorrow and the weekly claims report Thursday....
If interest rates fall below your current mortgage rate, refinancing
may be a great idea. The old idea that rates must be 2 full percentage points
below your existing loan is not true. A drop of as little as 1/2% could save
you thousands of dollars.
A variety of loan terms, no-point rate options
and lower closing cost loans have greatly decreased the rate difference needed
to make refinancing profitable.
We as consumers spend substantial amounts
of time trying to make our savings and investments earn more. One avenue which
is sometimes overlooked is seeing how much we can decrease our debt payments.
Since a mortgage is usually the largest debt we have, it pays to concentrate most
on reducing that payment first.
ROCKEFELLER FUNDING
755 N Peach Avenue Suite E5
Clovis, CA 93611
Phone (559) 472-7295
Fax (559) 472-7297
A variety of loan terms, no-point rate options
and lower closing cost loans have greatly decreased the rate difference needed
to make refinancing profitable.