Thursday, April 19, 2012

Interest Rate Update

Pathways Advisory Group, Inc.
Michelle Carter, CFP®

Three years ago, I posted about interest rates. Quite impressed with the current low rates, we encouraged clients to reevaluate their home mortgages and car loans to see if a refinance made sense.

Wow, how those three years flew by! Much has changed, but interest rates continue to be low. In fact, rates are lower than they were when I wrote the April 2009 post. I have seen home mortgage rates hover just below 4% and auto rates around 2%.

If you have been thinking it might be time to refinance, please let us know. We are happy to help you through the process.