Have you been keeping an eye on mortgage rates in Indianapolis and the surrounding area? Over the past several months, mortgage rates in our region have been decreasing. This applies to both fixed and adjustable mortgages rates, and to mortgages rates for loans with a variety of terms (15 years, 30 years, and others). You can see these trends at Zillow.

At the same time, home values in and around Indianapolis have been on the increase. So right now, we have an excellent market for buyers who want to make a great investment. Whether you are looking for a home of your own or you are hoping to grow your real estate portfolio, you can capitalize on these great mortgage rates and increasing values.

Buy a Home in Indianapolis, IN

If you are a homeowner now, this is also a great chance to think about refinancing your existing mortgage. Depending on your situation, here are a few potential benefits:

• You can refinance at today’s lower mortgage rates and enjoy saving money each month. This can add up to thousands of dollars over the years.

• You can switch from a fixed mortgage to an adjustable one, or vice versa. If you want to adjust your loan term, this is also a chance for you to do that.

• You may be able to stop paying for private mortgage insurance (PMI). Say for example you currently have an FHA loan, which includes a requirement to pay for PMI. If you refinance now into a conventional mortgage, you will still be paying low interest rates, but you will no longer have to purchase PMI. This means ongoing savings over the lifetime of your mortgage.

We Can Help You Make the Most of Today’s Falling Mortgage Rates and Rising Home Values

Whether you are looking for a home purchase loan or a refinance on your current mortgage, your goal is to save as much money as possible now and in the future. That means choosing the most ideal loan to fit your individual needs.

Grandview Lending, Inc. can connect you with a variety of mortgage products and can assist you in calculating their potential costs. Together, we can identify the loan option which will maximize your savings in both the short and long run. Ready to get started? Please call us today at (317) 255-0062 to schedule your consultation.