Louisiana Mortgage Rates - Lowest In History - June 2010

CNBC and Bankrate.com just reported that home loan rates are at their all time lows. This is great news for anyone who has yet to refinance to take advantage of the lowest mortgage rates ever recorded, or to purchase that new home or investment property more affordable than ever before.

Both 30 Year and 15 Year Fixed Rates clipped down to their lowest levels. All this is incredible as just months ago, many experts had anticipated that rates would be well above 5% this summer and on their way to 6% by year end.

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Last month, NBC reported that nearly 50% of all people with a 30 Year Fixed rate had rates higher than 5.75% - do you know where your interest rate is at currently? It's worth a look, and a call to me to help check it out!

If you were unable to refinance last year, the combination of your current home value and historic interest rates may provide you a greater opportunity to save money than ever before.

Finally, even if your home has lost value from when your loan was originated, you may still be able to refinance. There are some special programs available that might allow you to refinance without private mortgage insurance, even if your loan will now exceed 80% of the present value.

Don't miss this chance to save money. Even if you have already taken advantage of the historic rates that have been offered, don't miss this chance to help your family and friends.

Call Network Funding LP 225-291-5484 today and we can discuss what options exist for you.

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