Do you have a mortgage? Are you looking for ways to save a little bit of money off your current mortgage? Well, the nice thing about 2013 is that you can save a lot of money off your current mortgage by taking a look at what is out there. A lot of people assume that just because the housing market is towards the bottom that it doesn’t make any sense to buy right now. Honestly, now is the time to buy a house if you can afford it.
So, what are some of the smart mortgage moves that you should be making in 2013?
The first thing that you need to understand is that the interest rates on mortgages are the lowest that they have ever been. What this means to you is that you should be doing everything in your power to get a mortgage today. A lot of people think that they will have time in a year or two to get their home but the truth is that the interest rates are only this low to help get more people to buy a house. Once people start buying more houses and the real estate market returns to where it once was, then the interest rates will return to where they once were as well. It is because of this that you should take full advantage of the interest rates while they are so low.