Published: Feb 08, 2021 1 min read
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If 2021 has you feeling like you can’t catch a break, you’re not alone.

But if you own a home, you might have lucked out.

Why Interest Rates Are Strangely Low

The FED has created some of the lowest interest rates on record. Stimulating the economy continues to top headlines. Recently, some homeowners have reported interest rates between 2% and 3% — affordability once considered unfathomable.

Should I Switch to a 15-Year Mortgage?

  • Refinancing can reduce your monthly payment, shorten your period of indebtedness or potentially both.
  • Money urges homeowners to calculate the cost of a 15-year loan with Quicken Loans now.
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You may be able to reduce your monthly payment or pay off your loan faster.
Click your state to get started and see your refinance rate today with Quicken Loans (NMLS #3030).
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Calculate Your Payment

Is Now The Right Time to Refinance? What If I Already Did?

Here’s how to find out: answer a short Quicken Loans survey to view rates, it’s easy, fast and your data is secure.

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