New Year, New Mortgage


Filed under: Market Comentary


Happy New Year! Now that 2019 is here, it’s time to think about your current mortgage and if any modifications need to be made. Whether you are considering a refinance or you are ready to buy a new home, I’m here to help.

As the media has reported, the markets are insane right now. Last week there were huge drops in the stock market, followed by a couple of big days with the numbers rebounding. In all of this fluctuation in the stock markets, it is interesting to see that the bond market has been surprisingly strong.

What does that mean for the rest of us? It means a little drop in interest rates. Everyone knows that I don’t often talk about rates in my weekly videos because the changes are fleeting. You never know what the future will hold. What happens today to the interest rates could turn on a dime tomorrow. What I do know, is that right now we’ve dropped to interest rate levels that we haven’t seen in a while.

Buying a Home or Refinancing

If you are thinking about buying, then right now might be a great time. This time of year tends to bring lower home prices before the busier summer season kicks in. Combine the great prices with the lower interest rates, and it opens up opportunities for those who are ready for a new home.

Don ‘t feel like you have to move if you are happy with your current situation. Instead, you can look at options to refinance to take advantage of the low rates that are available since they are the lowest we’ve seen in the last 6 – 12 months.

Contact me any time if you want me to take a look at your rates or the current situation with your mortgage. I’m happy to answer your questions and help you find the right financial strategy for your home.

Happy New Year! Don’t forget to like, share, and comment, and call me any time if you need more information.


Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
http://www.nmlsconsumeraccess.org/entitydetails.aspx/COMPANY/237653
For questions or concerns please email info@franklinlc.com