Compelling Reason To Consider Refinancing
The current economic environment has provided opportunity to benefit from historically low interest rates. As the federal fund rate and the rate on 10-year Treasury notes have plummeted, consumers have largely benefited from a corresponding drop in rates available for financing personal debt. From mortgages, to auto loans, to credit cards, today’s low cost of funding is a compelling reason for individuals with debt to take a look at refinancing options. Securing a lower fixed interest rate can increase net cash flow and help you meet your financial goals.
Read more on this subject here: https://www.kiplinger.com/article/credit/T040-C000-S002-coronavirus-pandemic-interest-rates-drop.html