April 20, 2013

Interest Rates

Simple math: Â A mortgage of $400,000 based on a 30 year loan at 4.5% (considered a great interest rate not too long ago) = Â a monthly payment of $2,026.74

Compare that same loan and terms with the current rate of 3.375% Â = a monthly payment of $1,768.38. Â A savings of $258.36 EACH month.

Incredible opportunity to re-finance your existing loan, or purchase new.

If you need recommendations for local lenders, I am happy to pass along names/contact info for trusted mortgage reps.

And of course…I am here to help with your search for a shore property in Avalon or Stone Harbor!

ann@anndelaney.com Â 609-967-7950

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