November 5th, 2020 9:04 AM by Joan Rusco
It’s another day and another record low for mortgage rates. That story is becoming old news. Thankfully, so is the election which has dominated the media psyche for months. One of the candidates likes the phrase “speak truth” so let’s do that now.
Truth is, VA mortgage rates in Minnesota and surrounding states are still falling. Most financial pooh-bahs see no change in that for the foreseeable future. Lenders are being swamped with applications for home refinances and purchases. We’re happy to report VALoansMN is still able to handle the rush. We’re still getting loans done and done on time. We understand when you’re buying a home the clock is ticking and time is of the essence. That’s why we prioritize home purchases over refinance requests.
This is not to say we don’t value veterans requests to take advantage of these low rates by refinancing a mortgage. We take them very seriously and GET IT DONE. We simply want to make sure veterans buying homes meet any contractual obligations by performing on time. Don’t hesitate to reach out to us if we can help you save money on your monthly mortgage payment. You’ll be surprised how easy it is to refinance a VA mortgage.
Let’s speak another truth. Aren’t we all glad the election is over and we no longer have to be bombarded with all the political ads? Now there’s one hurdle left. We’re in the Medicare open enrollment period so our tv time is dedicated to ad after ad from insurance companies wanting to enroll seniors. You will be relieved of that on December 7th (Pearl Harbor Day). Then, it’s the Christmas and Hanukkah. But today, let’s just say HAPPY THANKSGIVING!