Most of my readers already own their own homes, but you might be interested in refinancing your home or taking advantage of this slow market to buy an investment or vacation home. Now might be a good time to take the plunge, as mortgage rates haven't been this low in almost a year (national average of 5.60%).
But before you start signing any papers, many believe rates will continue to decrease through the rest of the year. If you're in the market for a new mortgage, do your homework, but don't get too obsessed with trying to time the market- you might end up getting burned if you wait too long.
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