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Historically low interest rates spark refinancing boom

According to Freddi Mac, the national average of interest rate last week has dropped to the lowest ever since 1971.  This historical low interest rate is sparking a big refinancing boom among homeowners trying to lower their monthly payments, shorten the life of their loans, or convert from adjustable rate to fixed rate mortages. It’s expected that more people will refinance as word of the low interest rates spread. Check out the Honolulu Advertiser article.

Ofcourse… when rates are this low, it’s also a great time to buy.

突然のリファイナンスブーム

フレディーマックの調査によると 先週の全国平均住宅ローン利率が1971年以来の低率になったことがわかった。 この歴史的な利率は 持ち家がある人の間で突然のリファイナンスブームを巻き起こす原因となった。 ホノルルアドバタイザーの記事を読む

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