Should you take advantage of lower mortgage rates?

Have you checked mortgage rates lately? Fixed mortgage rates have been hitting a low for the year. Whether you’re a home buyer, homeowner or home seller, the dip in mortgage rates could be a benefit to you.

Today’s low mortgage rates also have made home ownership more affordable than it has been in years. Whether you’re thinking about buying your first home, making a move to a large one or purchasing a second home or rental, low mortgage rates can stretch your purchasing power.

Thinking about refinancing? It’s no surprise that refinancing activity has increased in recent weeks. If you own a home, make sure you’re not passing up an opportunity to refinance at today’s low rates.

It’s also a great time for many people to sell a home. Properties in many price ranges are selling more quickly. And if you buy another home after selling yours, you’ll be able to lock in at today’s super-low rates.