Interest Rates Plunge on Corona Virus News

 

Rates are continuing to drop and we are seeing the 5-year rate back down in the mid-2% to below 3% range.

Why you ask: 

Global investors are selling stocks and piling into the safety of bonds in response to fears that the Wuhan coronavirus could disrupt global economic activity. Gold prices, another haven, have also risen.

What does this mean for you? 

If you thinking of purchasing a property, considering consolidating some high-interest credit cards or up for renewal....lets lock in the low rates now! 

We can lock in rates for 120days and if rates go down even further...you receive the lower rate. 

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