Historically Low Mortgage Interest Rates

Right now, mortgage interest rates are sitting at 50-year
lows.  If that’s not enough to get you off
the couch, on the computer, or in a mortgage office then it’s not clear what
will.  People are saving hundreds of
dollars a month, and thousands over the course of their mortgages, by just applying
right now.

If you’re currently renting and considering becoming a
first-time homeowner, you’ll never get another shot like this.  You can buy so much more home than you could
have a few years ago, simply because your mortgage interest is so much lower it
takes your payment down. 

If you currently own a home, a refinance can let you take
cash out, lower your monthly payment, or shorten the length of your loan
considerably.

For renters, this is a golden opportunity.  Think of it this way.  Renting a new apartment is going to cost you the first month, last month, and a security deposit, right?  Instead of just giving thousands of dollars to a landlord, you can put that together and look at a down payment on an FHA loan, with only 3.5% down. Or you could apply for a USDA or VA loan if you qualify, where there isn’t any money down requirement.

You could be in your own home in
weeks, and start accumulating equity, building wealth instead of throwing money
down the well by renting.

If you’re currently a homeowner, you
can refinance that loan, even loans closed as little as 6 months ago.  Rates are so low that we have borrowers
cutting their terms from 30 years to 15 years, without raising their
payments! 

Borrowers are taking cash out of
their homes and refinancing at lower rates to pay off credit cards, finance
home improvements, and finance other ventures. 

It’s truly a great time in the
mortgage industry, our phones are ringing off the hook, and the online
applications are coming in fast and furious. 
Don’t wait until rates rise again. 
They will not stay this low forever.

The first step is to get
pre-approved.

Call The Home Loan Expert Team in St. Louis
at (314) 781-9700, Chicago
at (773) 770-4727, Indianapolis
at (317) 550-1515, andNashville
at (615) 810-8555.  You can always apply online with our 5-Minute
Loan Approval at hero.loan
for your VA Loan, and www.thehomeloanexpert.com
for your other mortgage needs, and we’re also open on Saturdays and will come
to you to help close your loan. We work hard to make it easy on you. 
Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley,
why go anywhere else?

Original Article Posted at : https://thehomeloanexpert.com/historically-low-mortgage-interest-rates/