When interest rates decline, property refinancings increase, as individuals, businesses, and investors rush to reduce the interest cost for existing mortgages. However, don’t be too quick to react to a decline in interest rates. The interest rate is only one of the many factors you should consider when evaluating lenders who are willing to grant you a mortgage or other long-term loan.
Use this Resource Report to review all the factors before financing or refinancing a personal, business, or investment mortgage.
Other topics: Fixed versus variable interest rate, points vs. interest rate, formula for combining the stated interest rate with points at different levels, tax deductions, mortgage strategies, table to calculate interest savings, and a checklist of actions to take before financing or refinancing a mortgage.
Price: $39.00 | Pages: 13
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