This week local interest rates have dropped below the 5% mark.  Local lenders have been advertising better rates for a 30 year or 15 year fixed rate mortgage this week than what we've seen in the last 3 to 4 months.

If you have been thinking about purchasing now would be an opportune time.  If you are thinking about refinancing, now is definitely a good time.

There are several good mortgage companies here in Eagle River.  You should use the company and loan originator that you feel is listening to your concerns.  I would recommend Aaron Gray with Homestate Mortgage. Homestate Mortgage is an affiliate of Prudential Jack White/Vista Real Estate.  However, I make the recommendation because Aaron does a good job, and knows what he is talking about.

I like to work with professionals, and Aaron Gray is one.  Please keep in mind that since interest rates are lower Aaron is going to be very busy.  Please be patient and I think you will come to the same conclusion I have.  He's good and knows his job.

You can contact Aaron Gray at 907-689-6456 to ask questions, or visit his new website, www.LendAlaska.com.

You can always contact me at 907-360-7471 with any questions.