October 7th, 2020 3:11 PM by Joan Rusco
“Silence is golden”, remember that song from the Four Seasons? The complete idiom is “speech is silver, but silence is golden”. Given all the noise we’re immersed in today we could use a little of that golden silence. Our news broadcasts are wall to wall politics but it seems little has to do with our every day lives. We take a few moments to offer something that does in fact impact your life and your pocketbook.
It is hard to imagine for those of use who have been around for a while that you can borrow money at such little cost. We’ve written previously about the record low VA mortgage rates and we’ve urged veterans and active duty military personnel to take advantage before the opportunity passes you by.
So, given all the noise we’re hearing today about all the bad things happening let’s look for some good vibrations; rates that reached record lows for veteran home buyers and owners are even lower today. Yes, when VA loan rates reached down into the 4% range we exclaimed “this has not been seen in our lifetimes, don’t miss out”. Here we are again proclaiming “this has really, really not been seen in decades and decades.
We at VALoansMN are now offering home purchase loans below 3%! Remember of course there are numerous factors that go into setting rates on a VA mortgage. Your credit history, your income, the value of the home to name a few of these factors but, we can assure you these low rates are not set aside just for the top 1%. They are available for many.
We’ve been specializing in VA lending for over a decade and we know what’s available for home purchases or refinancing. There’s a reason we are the NUMBER ONE VA lender for scores of veterans in Minnesota and surrounding states.
Word from the Federal Reserve is these low interest rates might be around for some time so we don’t want anyone rushing in. Take your time to make the right decision. When you’ve enjoyed some quiet time (that ‘golden’ time) to think things through just know we’re here for you just as we’ve been throughout the years.