Friday, March 27, 2009

52 Year Low- Time to Move

Mortgage rates hit a 52 year low according to CNN Money (http://money.cnn.com/2009/03/26/real_estate/mortgage_rates/index.htm). If you have not already looked into refinancing, now might be the time to do it. I just locked-in a rate on my own home and went from a 30 year note to a 15 year, with little to no increase in my monthly payment. This move will save me over $50,000 in interest over the life of my loan. Saving money is good!

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