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Monthly Archives: July 2011

Reduce the Term of Your Loan to Save Big Bucks

piggybankIt's no secret that the longer you carry a loan balance, the more you pay in interest.

You can put much of that interest back in your pocket by refinancing to reduce the term of your mortgage to 20, 15 or even 10 years. 

Mortgage Rates Return to 2011 Historic Lows

If you haven't refinanced in the last 12 months, now's the time.

Our 30-year fixed-rate loans are now fluctuating in mid 4's with no points.

Shorter terms of 20, 15 or 10 years are even lower - in the mid-to-high 3 percent range. 

To say that the current rates offer the chance of a lifetime is no overstatement.

Whether you want to save money on your current mortgage by refinancing, or you are in the market to buy, call us to see how these lower rates can save you in monthly payments and in interest charges over the life of the loan.