In case you haven't noticed mortgage rates have now dropped to a 2 year low. As a result you might have the opportunity to refinance and lower the interest rate you're currently paying. We have a relationship with BNY Mellon which is one the largest banks in the U.S. and a very aggressive mortgage lender. They only provide mortgages of $500,000 or more but they have the lowest rates we've seen. If you would like to evaluate if it makes sense to refinance please contact Trever Helmstead at our office at 248-827-0106.

PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. This commentary is a matter of opinion and is for informational purposes only. It is not intended as investment advice and does not address or account for individual investor circumstances. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. The statements contained herein are based solely upon the opinions of Telemus Capital, LLC. All opinions and views constitute our judgments as of the date of writing and are subject to change at any time without notice. Information was obtained from third party sources, which we believe to be reliable, but not guaranteed.

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