Found 1 blog entry tagged as low interest rates.

In the wake of the COVID-19 pandemic, the government has taken a number of steps to keep the economy thriving. One of these steps has been to lower interest rates. In fact, recently, the Federal Reserve dropped their rates to the minimum possible, enabling banks to pass savings along to their customers in the form of low interest rates. 

If you’ve been thinking about buying or refinancing a home, now is the time to act. Read on to discover some of the benefits you can reap from these low interest rates. 

How Interest Rates Impact Your Mortgage 

Before we dive into the ways that you can benefit from low interest rates, let’s talk some about the impact your interest rate has on your mortgage. Interest is the way the bank makes money on your loan –…

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