Just over a year ago, in May of 2013, mortgage interest rates made a sudden upward jump on news that the Fed was planning on tapering its stimulus program. Since then mortgage interest rates have drifted back downward again. Rates on 15 and 30 year fixed mortgage are lower now than they were last summer and that is making refinances and home purchases extremely attractive again.
If you would like to lower the interest rate and payments on your current mortgage, contact us in the form in sidebar. Or if you are looking into buying a home, contact us on our home purchase page