Q: Does the drop in interest rates provide any benefits?

A: We have seen a meaningful drop in long-term interest rates. The current national average for a 30-year mortgage is 3.64%! This is 0.84% below the average in January of this year (source: Fannie Mae). For some, this may be an ideal time to consider a mortgage refinance. It is important to consider the cost of a refinance, and we can help with this decision.