Mortgage Rates Now at 1960's Level

Available mortgage rates are now as low as they were in the early 1960's. Holy cow! What a deal! Even if you are not ready to purchase a home, it may be time to consider refinancing for sure. Be careful when refinancing to make certain that your new rate and payment are beneficial to you and your family.
If you are in the position to purchase a Memphis area home though, now is surely the time. Inventories are still relatively high and sellers are straining to sell. The biggest difference today is that you must have good credit to get a loan.....no exceptions...and also will need funds for a down payment. But if all those things are in place, man is it time to get a fantastic deal on a home. Don't miss out on this prime time to purchase. If the market is not at the bottom..then it is at an all time best time to purchase a new Memphis home for your family.