Now is a great time for pastors, missionaries, or other Christian workers to save money by refinancing your home.
Mortgage rates have dropped to their lowest level EVER! Yes, I did say EVER!
The average rate on the 30-year fixed mortgage fell to an all-time low of 3.94 percent this week, and the average rate on a 15-year fixed loan, which is a popular mortgage product for home refinancing, dipped to 3.26 percent.
So, if you’ve been wanting to save money by refinancing but you didn’t know if now was a good time or not, or if you’ve wanted to get some cash out of your home in order to do some remodeling or home improvements, now is a great time, and it may even be the best time, to refinance your home.
As with anything, it’s good to shop around and check mortgage rates and qualifications at several lending institutions.