For all of you out there that fit into this category, this one is for you.  Not only does this apply to anyone thinking about refinancing, but anyone on the fence about purchasing a new home.  There has never been a better time to buy, then now.  With interest rates at an all time low and home prices that have dropped a national average of 9-15% this is the best time to start looking for a new home and investing in your self.

This is a great article that my colleague, Scott Swinford, the NWI Loan Guy, wrote to inform and educate all of us about refinancing.

Because of the latest media coverage, I have heard this statement several times during the past couple weeks. The question is…. does it make sense?

Yes and No. While I cannot blame someone for wanting to get the best interest rate possible, it is nearly impossible to time the market and get in at the bottom. That said, here’s a solution.

If, and that is the keyword here, if you believe that the government is going to step in and help lower rates, now is the time to take action. Even though they don’t know what they are going to do, how they would do it, or even if they will, now is the time. To Learn more read the rest of the story at the NWI Loan Guys Blog

Hope this helps.

Gina Bombin, Wheatfield, Indiana’s Real Estate Professional

McColly Real Estate