Interest Rates Fall!

That's right everybody, interest rates have dropped again! At the moment you could possibly qualify for 5.625-5.75% on a 30 year fixed. If you want a 15 yr. term, your rate could be even better! We haven't seen rates this low for quite some times and people are starting to take advantage. We took several refinance applications yesterday and expect more today. Just take a quick look at your current loan and see where you are at. If you think you can benefit from these great rates, just call. If you aren't sure and want a free evaluation, we can do that too.
Remember if you have a rate that is very close to these already, it may not make sense to refinance. We run a "Net Tangible Benefit" on every loan to make sure the customer is improving their situation. If they aren't, we don't loan to them! There is no sense in paying closing costs if you cannot justify them!

I know this sounds corny and you probably think all lenders say this to get people to do business sooner rather than later, but I am going to say it anyway!

"You need to Act Fast" because these rates may not last long!

The reason I say this is because this market has been absolutely crazy. All of last year it was up and down. Just look at a month ago for a prime example. Rates dropped like this for 2 days and then they shot back up again! I don't think it will be quite as abrupt as that, but it could happen! We use a paid service that monitors the market very closely. This service tells us when to float and when to lock. This will be a key tool to assure our customers get the rate they deserve!

If you have any questions, don't hesitate to contact us!

Brought to you by:
Professional Mortgage Group, Inc.
"Your Columbia, MO Mortgage Broker"