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California Mortgage Interest Rates

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Now that California mortgage interest rates have dipped significantly, thousands of people are taking advantage of the opportunity to refinance. Changing lenders is a big decision that, if handled well, can result in considerable savings as well as adding fresh equity-based capital to your budget.

While California mortgage interest rates fluctuate naturally, we are witnessing a long period of very low rates and, therefore, high amounts of refinancing. Don't get left behind--we recommend that any time market rates are at least 2% below those you're currently paying, it's time to make the change.

Low California mortgage interest rates are stimulating growth across the board. Buyers and sellers alike profit from the current market. And, if you're thinking of using your home equity to fund the purchase of a second property, you can benefit greatly from this situation. Consultation with an expert on the current California mortgage interest rates is highly recommended--here at First Union Home Loans, our main focus as loan officers is finding sound refinancing programs for people like you.


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