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Lowest Mortgage Rates in History

Posted by:  Chip Poli
2012-05-31 11:10:57

We understand you hear this quite a bit lately. We're also here to let you know that this time...it's official!

The key benchmark rate that determines mortgage rates on a daily and even hourly basis is the CBOE Ten Year Treasury Bond Yield Rate.

As you can see in the chart below....that benchmark is really, really, low right now!

Graph Lowest Mortgage Rates in History


This key rate has been tracked since 1962 and the United States has literally never seen interest rates this low at any point in the last 50 years.

Refinance at Record Low Rates


Why does this matter to you?

Well, even if you have refinanced in the last few months at what you felt would be the bottom, you're looking at another opportunity refinance your mortgage at an all new bottom for mortgage interest rates.[pullquote align="right"]
"We pride ourselves on offering the lowest possible interest rates and we do this with no closing costs."

[/pullquote]

As you know if you follow Poli Mortgage Group, we pride ourselves on offering the lowest possible interest rates and we do this with no closing costs.

Everyone wants to know how we do it and it's actually a very simple formula.[list style="guard"]

  • We concentrate our efforts solely on mortgages. This keeps us focused and highly competitive.
  • We are the lender. We underwrite all of our loans in house and locally. This gives us full control over pricing and process.
  • We do large volumes. Our support staff can handle hundreds and hundreds of mortgages each and every month. This volume gives us incredible flexibility in the secondary markets and this means good things for you.
  • We have great people. Our people live in your community. They are highly trained and customer focused.[/list]

You may be saying...


[note color="#e1ec09"]"Ok, this is great but my property value has dipped so much, I don't qualify to refinance at record low rates?"[/note]


This may not be true anymore! Poli Mortgage Group is proud to offer the HARP Refinance Program!

HARP is a special program designed to help you take advantage of record low mortgage rates - Even if your home is valued well under your mortgage balance. Yes, we can help you even if you are way "underwater" on your mortgage!

Visit our main website to learn all about the Poli HARP Refinance Program.

Where do we lend?Record Low Mortgage Rates


Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, Pennsylvania, Maryland, Virginia, Kentucky, Tennessee, North Carolina, South Carolina and Florida.

Please visit our main website for full licensing information.

Give us a call or stop by one of our offices and let's see what we can do for you!

These rates won't last forever!  866-353-POLI (7654)

 

Rates. Integrity. Service.


www.PoliMortgage.com

Tags:  RatesIntegrityService


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