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Is This The Last Chance for Low Rates?

Your timing is good because you can still lock in a low rate on a mortgage. But this opportunity will not last forever. The U.S. is coming out of an historically low interest rate period, and the Federal Reserve has already begun increasing rates.

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So, if you’re currently a student with loans, view this short window as your last chance to lock in today’s low rates. Rates Sure to Jump The current rate on existing Stafford loans is 4.7%.

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For example, an interest rate of 4.0% instead of 4.5% on a 30-year fixed rate conventional mortgage can mean as much as $60 in savings per month, $3,600 over the first five years, and $21,600 over.

Last Chance for Cheap Mortgage Rates! Sep 28, 2015.. (Fed) monetary policy, held off again on increasing its historically low interest rate. This decision came on the heels of an unprecedented seven-year era of short term interest rates near 0%. Although the timing is uncertain, it is likely.

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It’s your last chance to enjoy vehicle rates this low. Now is the time to purchase or refinance your car, truck, boat, motorcycle or RV. Our rates will increase on July 2nd.

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Interest rates are now at 42-year lows. That last time interest rates were this low, John F. Kennedy was running for President. Many consumers have already refinanced their mortgages. Some have done it twice, or even three times. The problem is, interest rates won’t stay this long forever.

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