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>>

  • Worth Co. residents petition for better fire dept.

    Worth Co. residents petition for better fire dept.

    Wednesday, August 20 2014 4:18 PM EDT2014-08-20 20:18:52 GMT
    Approximately 200 residents signed the petition, which will be presented to county commissioners Thursday night at the courthouse in Sylvester.More >>
    Approximately 200 residents signed the petition, which will be presented to county commissioners Thursday night at the courthouse in Sylvester.More >>
  • Deliberations next step in Harris-James murder trial

    Deliberations next step in Harris-James murder trial

    Wednesday, August 20 2014 3:55 PM EDT2014-08-20 19:55:45 GMT
    (left to right) Ezekial James and Jordan Harris(left to right) Ezekial James and Jordan Harris
    Closing arguments in the trial accusing two men of robbing and killing former Lee County Commissioner and Albany businessman are complete. The defense made its argument to the jury, and the state finished closing about 3:30. The court took a a 15 minute break, and the judge said he would read the instructions.More >>
    Closing arguments in the trial accusing two men of robbing and killing former Lee County Commissioner and Albany businessman are complete. The defense made its argument to the jury, and the state finished closing about 3:30. The court took a a 15 minute break, and the judge said he would read the instructions.More >>
  • Arrest made in Enigma home invasion

    Arrest made in Enigma home invasion

    Wednesday, August 20 2014 2:56 PM EDT2014-08-20 18:56:07 GMT
    Berrien County authorities say Svante Williams has been arrested in the August 8 home invasion in which the victim fought back.More >>
    Berrien County authorities say Svante Williams has been arrested in the August 8 home invasion in which the victim fought back.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.