
We sure are living in some wild times right now. Coronavirus is a trial we wish none of us had to face. But for homeowners who are looking to reduce their mortgage rates, market movements have led to conditions which are ideal for refinancing.
We are delighted to have a chance to help inform homeowners looking to refinance through The Wall Street Journal in a March 18th article by Katy McLaughlin titled, “As Homeowners Wait Out Coronavirus, Some Rush to Refinance.”
How To Refinance a Mortgage in Indianapolis?
While it is difficult to predict what today’s volatile rates will do in the future, we have been seeing some of the lowest rates since 2011 and 2012, driven by historically low 10-year Treasury notes. So, this is an amazing opportunity for homeowners who can act fast to refinance their mortgages.
The Wall Street Journal article provides readers with an overview of the situation along with some recommendations for steps to take before applying for a refinance in order to avoid common pitfalls. In the article, Grandview Lending reminds readers to examine trust documents and have a digital copy ready when applying for a refinance on a home loan.
We know that a lot of homeowners have more than a few questions about refinancing. So, while we were excited to have this chance to contribute to the WSJ article, we also post blogs on our site to help inform customers of the ins and outs of the refinancing process. If you are thinking about getting a refinance, you might want to check out:
- The 6 Biggest Mistakes Refinance Shoppers Make and How to Avoid Them All!
- 6 Reasons to Refinance Your Mortgage
- Traditional or HARP Refinance: Which is Best for Your Situation?
- HARP Refinance for Second Home or Investment Property
Is this the right time for you to refinance your home loan? How could you benefit from a refinance? If you have questions like these, we can help you answer them during a refinance consultation.
Grandview Lending Can Help You Apply for a Refinancing
At your consultation, we can discuss your individual situation and what it is you want to accomplish through a refinance. We can then figure out whether a refinance right now can help you save money. To get started, please give us a call today at (317) 255-0062. We look forward to helping you refinance at today’s low rates!
Do you know how much home you can afford?
Most people don’t... Find out in 10 minutes.
Today's Mortgage Rates