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Updated over 5 years ago on . Most recent reply

User Stats

156
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194
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Cory Binsfield
  • Financial Advisor
  • Duluth, MN
194
Votes |
156
Posts

Quick, call your lender and refi your primary today!

Cory Binsfield
  • Financial Advisor
  • Duluth, MN
Posted


This morning,the 10-year Treasury hit a record low. Being that mortgage rates tend to track 10 year Treasuries, you should call your banker today to see if it makes sense to lock in a low rate on your primary residence.

As an added bonus, sale comps should be easy to obtain since the real estate market continues to accelerate due to cheap money and low inventory.

I just called my banker this morning and locked in a 30 year 3.375% fixed on my owner occupied duplex. Looking forward to a $478 per month bump in cash flow.

Nothing better than getting paid to live in your primary residence!

  • Cory Binsfield
  • Podcast Guest on Show #86
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