Blog | Emerald Home Loans

Mortgage Rates are Near "Historical Lows"

Written by Emerald Home Loans | Sep 12, 2019 4:01:00 AM

 

The media says mortgage rates are near “historical lows.”

To put that in perspective, check out the graph. You’ll see that with rates now under 4%, they're less than half of the long-term average of 8%.

The combination of low mortgage rates and rising prices in most areas can create great opportunities. At the least, this is a great time to ask questions and assess potentials.

Our EHL Loan Consultants are happy to talk with you about the range of possibilities—refinancing to a lower payment, accessing cash from the equity in your home, or perhaps even moving on to a new home.

When you're ready for an honest discussion about what might be right for you, even if that’s staying with the loan you have,  we'll be happy to assist. Please reach out!