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(703) 568-6750
(703) 568-6750 Email (703) 568-6750
Tim Trainum Properties
"Delivering a Preferred Experience in Real Estate!"
REALTOR®, VA License #0225235004
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Buyers | 53 Posts
Investors | 1 Posts
Multi-Family Apartment Buildings | 1 Posts
Sellers | 54 Posts

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English
June
20

by
  • It's amazing how many times a once-in-a-lifetime opportunity comes around. But here we are again with mortgage rates nearing historic lows.

  • People who need to pay the most attention are the one-third (1/3) of homeowners who could currently benefit from refinancing. Not to mention buyers sitting on the sidelines deciding when is the right time to purchase a home.

  • It's fairly unprecedented to have borrowers refinance in just 6 months, but the full percentage point rate drop since November 2018 can produce savings even for many homeowners who purchased just months ago.

  • A reduction in rate by 1 full point on a $500,000 loan produces $3,600 in savings each year. This is equivalent to a huge pay raise!

  • How much wealth does this savings create after just 10 years at an average S&P 500 return of 7%?  $60,000

Categories: Buyers
Tim Trainum Properties
Tim Trainum Properties
  • 43777 Central Station Drive
  • Suite 390
  • Ashburn, VA 20147

Office: (571) 386-1075 Cell: (703) 568-6750 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS (last updated Wed 04/01/2026 7:29:21 AM EST) or (last updated Wed 04/01/2026 7:49:59 AM EST). Real estate listings held by brokerage firms other than Delta Agent Sites may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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