Home Loan Refinancing

by rob in Pittsburgh Mortgage Quotes


The long run of incredibly low interest rates has passed and we’re in a time where 4% to 5% rates seem great - THEY ARE!

I know many of you think that I might sound crazy, but no so long ago the rates were double and triple this.
One of the greatest assets in your search for a refinancing loan is the web, which you’re already familiar with ;)

The next best assets are friends and family - people always like to help others that fall in this group, so be sure to ask.

Many areas of the country have seen their markets cool off and taper, so now is the time to buckle down with a great rate.
If you happened to get a 3 or 5 year ARM, start looking for your refinancing options NOW.

I tend to look at Yahoo’s real estate section and explore other sites from there.

Take a little time and you might just be surprised what’s available…

  • More Mortgage Information

    by rob in Pittsburgh Mortgage Quotes


    Is it me or does it seem like housing prices are starting to hold?

    I thought that the prices would continue to fall, but now they seem to be doing well.
    It’s still a buyers market, but don’t expect miracles ;)

  • Latest Mortgage Interest Rates

    by rob in Pittsburgh Mortgage Quotes


    These are the rates as of today - still not too shabby considering they were double this in the not so distant past ;)
    You can always find current rates at http://realestate.yahoo.com

    Interest Rates Last Updated:10/5/2006 11:02:38 AM

    30 Year Fixed: 5.875% APR: 5.921%
    30 Year Interestfirst: 6.125% APR: 6.172%
    30 Year Fixed Jumbo: 6.250% APR: 6.269%
    15 Year Fixed: 5.625% APR: 5.703%
    5/1 ARM: 5.625%