Mortgage rates have been incredibly low and data shows, they just dropped even more.

The average 30-year fixed-rate mortgage clocked in at 3.37% on Friday, according to Nerdwallet. This is down 38 basis points over the month, the lowest 30-year rate on record for the survey.

The dip has made buying a home significantly more affordable for the average buyer. Rates have also opened the door for major savings on refinancing. There are over 11 million high-credit homeowners right now eligible to take advantage of these low rates and save on their mortgage rates by refinancing.

Major California cities like San Francisco, San Jose, San Diego, Los Angeles and Sacramento rank extremely high for refinance savings.

Buyers and homeowners in hopes of even lower rates should act now while the rates are so low. We recommend you lock in and not look back. Our Focus Capital Loan Officers have over 50 years of combined experience in residential loans with a specialty in refinancing. We know you will want to take advantage once you discover how much you can save on your mortgage payment.

Contact us today: 1-888-758-3004
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