The economy has caused interest rates to be extremely low. There are so many opportunities to buy "more" of a house than you could previously afford. Or buy the house you want for a lot less. Another opportunity is to build that dream home, as builders are also offering great opportunities.

And then, of course, there is always the option to stay where you are and refinance for a lower payment. Or, refinance for a shorter loan period, possibly cutting your 30-year mortgage down to 20 years or even 15 years. Or, after reviewing everything, you might find it is best to stay where you are and do nothing with your mortgage.

There are numerous options, and each circumstance is different for everyone. So how do you know what to do? A good place to start is to consider your particular needs and wants; then you'll have some numbers to discuss with a professional mortgage broker. We have mortgage calculators that can provide answers to many of your questions. We invite you to plug in some numbers, consider what you'd like to do, and then you'll have a better idea of the best options to consider.

Grandview lending is here to help you sort through your options and guide you to the best answer for your situation.