Los Angeles, USA 12/13/2008 10:23:19 AM
News / Finance

Interest Rates Are Down at Least One Full Percentage Point

"Interest rates are down at least one full percentage point just in the last week.  If you are on an adjustable and you are lucky enough to still have some equity in your home and you can qualify with your tax returns, meaning full documentation, now is the time to take a look to see if we can help you refinance out of that adjustable," says Fred Solomon, author and co-host of The Solomon Free Money Hour talk radio and co-founder of Solomon Financial since 1990.

If you can't refinance out of the adjustable then the next step we look at is doing a loan modification for you.  On a loan modification we have to see if you qualify for it and you have some hardship (in other words, your income is down and your expenses are higher.) 

Please take advantage of this time. Interest rates are at an all time record low.  If you are thinking of buying, purchasing, buying investment properties it is an incredible time to be taking a look at that opportunity today, especially with rates being lower than what they were just one to two weeks ago.

For more information, or for a free loan cost analysis, to see if it makes sense for you to lower your rate or do a loan modification, go to THIS FREE  ANALYSIS TOOL.  We also are known as the company that reviews good faith estimates for free.  Be an informed consumer.  Ask questions until you get clear, concise answers on your home loan, mortgage, purchase information.

Solomon Financial - Fred Solomon Team Home Loan Advisors

(888) 305-1408

Serving 40 U.S. States

As heard on Angels AM 830, The Solomon Free Money Hour Investment Talk Radio