Wednesday, November 02, 2011

Economics

You likely notice any new economic news on this blog. There is really not much to report on. Interest rates still historically low. If you have a home loan and have not refinanced within the last six months, you really should go to our web site at oakbankonline.com and check out the rates. My guideline: if your loan balance is over $200,000 and you can reduce your rate 1/2 percent, you should consider refinancing.