2021: How to Profit from Today’s Record Low Refinance Rates
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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.
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.