The time to refinance your home is now - WALB.com, Albany News, Weather, Sports

The time to refinance your home is now

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Smack down on Cancer at the State Theater

    Smack down on Cancer at the State Theater

    Saturday, April 19 2014 11:54 PM EDT2014-04-20 03:54:50 GMT
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
  • Americus student honored in statewide design contest

    Americus student honored in statewide design contest

    Saturday, April 19 2014 7:59 PM EDT2014-04-19 23:59:05 GMT
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South GeorgiaMore >>
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South Georgia Technical College.More >>
  • Swimming pool destroyed after storm

    Swimming pool destroyed after storm

    Saturday, April 19 2014 7:32 PM EDT2014-04-19 23:32:11 GMT
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. He says he's had the siding redone several times.More >>
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. More >>
ALBANY, GA (WALB) -

Looking to save some money?

Mortgage Bankers say it's a great time to refinance your home.

Interest rates are at near record lows.

One Albany mortgage lender says now may be your best chance to get a low interest rate and take years off your payment schedule.

"If you're paying more than 4% on a 30 year fixed or if you're paying more than 3 and a half on a 15 year, either of those scenarios would be worth your while to call," said mortgage banker Stacey Walker.

According to the Mortgage Bankers Association, refinancings were up 71% in November compared to November 2011.

 

Copyright 2013 WALB.  All rights reserved.  

Powered by WorldNow