Thursday, December 11, 2008

Refinance Boom Becoming More Real w/ Rates Below 5% Today

Short and sweet! Junk mail has been hitting my inbox for about a week now talking about an expected "refi boom". Well, that looks more and more likely.
Today, the 30 year fixed rate has officially dropped below 5% and made itself available at 4.75% at Service First Mortgage.Speculations are that expectations for the short term, 2-3 months, rates will be moving up above what we have seen in the recent 10 years. If you are looking to refinance your ARM, or even a 6.5% or higher fixed rate, don't get caught on your heels. The experts were right when they said we'd see rates below 5% in the coming months, as today's rates prove their hypothesis correctly.

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Testimonials & About Me

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Frisco, Texas, United States
In 2002, Brad Lynch began energetically consulting families in finding the right mortgage plan for their needs. In the beginning years, he was trained by a mentor who led by example, and this example was the epitome of integrity. Brad learned in the beginning by his mentor that many prospects may not consciously see what good intentions he has for them, do to the “wrap” many have caused w/in this industry, but always do what is right for the customer and in the end it will payoff. Integrity coupled with an energetic nature to nurture relationships, Brad has created clients for life. Through these clients for life, referrals have become the lifeblood of his business.