Ask Terry Questions Refinance Home Equity Loan

Refinance Home Equity Loan

By Terry Savage on March 09, 2020 | Housing / Real Estate

On WGN this week you indicated a possible rate of 3%.
The lowest I can find is 4% for Citibank and PNC.
Can you please advise where I can find the lower rate?
Thank you!

Terry Says

I suggested that we might see 30-year mortgage rates approach 3 percent. And now I think that is even more likely, because the 10-year Treasury note (on which mortgages are based, has dipped far below 1 percent)!
Check out the rates at or
If you’re willing to take out a 15 year mortgage, you can already get a 2.75% loan.



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