The time to purchase is NOW! With the new tax credits for both first-time and repeat homebuyers and the current low mortgage rates, you have a rare opportunity that won't last. The tax credits, worth up to $8,000, expire in April, 2010.
Refinancing
Current mortgage rates are near historic lows, making refinancing your current mortgage potentially very attractive. You should act quickly though. Mortgage rates are expected to increase significantly next spring. Don't miss this opportunity to lower your payment.
Reverse Mortgages
If you are at least 62 years old and own your home, you may be able to increase your income. A reverse mortgage pays you from the equity you have accumulated in your house. The money can be used however you want from paying bills to taking a vacation. You decide.
