Interest Rate Hacks

1. Refinance Later - They are projecting interest rates to drop in the future.

2. Consider an ARM or Adjustable Rate Mortgage - Again this goes along the same lines.  They are projecting interest rates to come down then you can refinance into a lower rate fixed mortgage.

3. Increase Your Down Payment - The more you put down the lower your payment will be.

4. Buy Down the Interest Rate with Points - Buyers don't realize that you can actually lower your interest rate by purchasing points.  Points are a percentage of your sales price. 

If you are thinking about purchasing a home and would like a free no obligation  consulation - call me 267-397-6291 or TheSwainTeam@gmail.com