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01

Florida Mortgage Guy Gets Egg on His Face

By: Chris Brown on June 1, 2010

LOW MIAMI MORTGAGE RATE UPDATE:

Okay, nothing is more fun for me than being right, but ironically, nothing is more fun for Miamism readers as when I am wrong.  I am glad we can laugh about that together!

How do you capitalize on my “egg in the face”?  Well, stick it to the bank – get a Miami Beach Home with lower rates than we even thought was possible.

Why?  Well, international markets continue to astound me as their effects on Miami Home Loan Interest Rates.  Rates are experiencing all time lows because of lack of harmony and peace in Spain, Greece and North Korea. No, this is not salesy jargon – rates are really that low.  I am seeing many refinances and Miami home purchase loans in the mid 4.00% range.  If you missed the refinance boom of late 2009 – you are super-lucky.

If you really want some amazing tips on getting low Miami interest rates check out NBC’s 3-minute video answering the question “Should I refinance my mortgage?”  It also covers things like:

1.)  ”Why were mortgage experts wrong on examining the rates moving higher?”

2.)  ”How much money can I save with a  lower interest rate?”

3.)  ” With rates this low, should I be thinking about buying a bigger house”?

Don’t take my word for it – check out the video.  Make sure to take note, however, at how quickly this trend could reverse.  Unless you feel THAT lucky, of course.  If you are serious about refinancing then talk to your loan officer as early as possible.

Related Articles:

  • Top 8 Things To Ask Your Miami Lender During The Process
  • Celebrating the Lowest Rates Since 1971?
  • First Time Home Buyer Tax Credit Extension?
  • Never look the “Rate Gift-Horse” in the Mouth.
  • Understanding Your Amortization Schedule For Your Miami Home
  • 26 Top Miami Mortgage Terms to Know Part IV of IV PLUS 3 BONUS Terms
  • 26 Top Miami Mortgage Terms to Know Part III of IV
  • 26 Top Miami Mortgage Terms to Know Part II of IV
  • 26 Top Miami Mortgage Terms to Know Part I of IV
  • Mortgage Pre-approval: Docs You May Need

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