Mortgage Interest Rates

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Just a quick note.

Interest rates for home loans are beginning to see increased upwards pressure. Rates are currently lower than they were at this time last year, but that is not expected to last.

If you are thinking of purchasing, refinancing or obtaining a line of credit or second mortgage this year, my best advice is to invistigate your options now so you can make good decisions regarding your timing. A interest rate increase of 1% on a $150,000 30 year loan means an increase of 96 bucks a month in the payment. That means less money for Marie's shrimp or boat gas.

Do yourself a favor and talk to your lender now. For those of you who do not have a lender or would just like a second opinion, please feel free to contact me. I gurantee that I will give you honest, informed answers and advice...You can reach me via the link in the banner at the top of this page........

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Know I helped out quite a few people with some accurate information, but boy o boy am I suprised at the number of people that have a terrable loan and do not deserve it.