Whether you are in the market to buy a home in Marin County or are simply exploring your options for refinancing your current mortgage, now is a fabulous time to take advantage of the incredible low interest rates that are out there.
Residential mortgage rates are currently at all time historic lows. The graph above shows US average mortgage rates over the past 36 years. Oddly, the website where this information was obtained (Mortgage News Daily) hasn’t updated their graph to reflect improvements in fixed rates over the last month - now in the 4.75-5.25% range.
You get the picture though, if you can qualify to refinance, think about doing is now and lock into lower monthly payments.
Feel free to contact me if I can assist you with your real estate financing needs in the San Francisco Bay Area. I can be reached at www.JCFAdvisors.com.