Your 2015 home loan review will examine the most common potential monthly savings opportunities, including high-interest credit card debt or fixed loan payments. Reviewing your options annually could result in having more money left over at the end of each month.

With interest rates at historic lows, now is the time to investigate all your options and perhaps save yourself thousands of dollars per year! Imagine what you could do with the savings; anything from renovating or investing, to going on a much-needed vacation or putting money towards your children’s education.

Right now, you can lock into a five-year mortgage under 3%. You could have done the same in 2001 but it would have been about 7%. In 1982 it would have been 18%. Even in the low-rate days of 1952, it would have been about 5.5%.

Borrowing costs are lower than any time in modern history. If your current rate is above 4%, now may be a good time for a free spring mortgage check-up.

Completing a straightforward annual review will keep your home financing as lean and trim as possible. In other words, you will have a clean bill of mortgage health, which is just what the doctor ordered!

If you’d like a free mortgage check-up, call or email me today!