CNC Mortgage Blog

The government continues with its bailouts. This weeks good news for mortgage borrowers is that mortgage rates have gone down significantly as the government has agreed to buy mortgage paper from Fannie Mae and Freddie Mac.

I suggest:

1. you look at how much you owe on your house,

2. determine your present interest rate,

3. are you on an arm ( adjustable rate mortgage),? Will it readjust soon?

4. Call us CNC Mortgage 952 545 6769 to get an estimate of closing costs,

5. determine payback period for your refinance.

Have a good week!!


Posted by Carlos G. Gutierrez on December 1st, 2008 11:03 AMPost a Comment (0)

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