Should I Refinance?

For most, the current economy has brought on the need for severe money saving strategies.  From extreme couponing to extreme budgeting to extreme cut backs; everyone is looking for ways to save money.  Interestingly, mortgage borrowers have seen historic low interest rates for the past two years.  The Denver Post recently reported that interest rates … More Should I Refinance?

A Glance at Historic Interest Rates

Since April 1971, Freddie Mac has surveyed lenders across the nation weekly to determine the average 30-year fixed-rate mortgage rate.  The purpose of the Primary Mortgage Market Survey® (PMMS®) is to survey lenders each week on the rates and points for their most popular 30-year fixed-rate (and other various loan products offered by lenders including: … More A Glance at Historic Interest Rates