Bay Area Mortgage Broker Highlights Record-Low Interest Rates

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Bay Area mortgage broker AccessBanc recommends borrowers take advantage of historically low interest rates.

AccessBanc Mortgage: “Loans Are Our Passion”

Right now is an incredible opportunity to get historically low interest rates on a mortgage

With the economy bumping along the bottom, and stalemates in Washington preventing any legislative action, many people are starting to talk about a double-dip recession. But AccessBanc Mortgage, a Bay Area mortgage broker, says there is one group benefiting from the bad economy: borrowers. Mortgage-backed securities have recently hit all-time lows, which means interest rates on home loans are at ridiculously low rates, making it an excellent time to refinance a mortgage.

“Right now is an incredible opportunity to get historically low interest rates on a mortgage,” says Greg Erny, a Principal at AccessBanc Mortgage. “If you have been considering taking out or refinancing a mortgage loan, you won’t find a better time to apply. Even if you obtained a loan within the last year, interest rates have probably gone down low enough to refinance again.”

In an attempt to boost the slower-than-expected economic recovery, the Federal Reserve recently began purchasing more long-term bonds and mortgage-backed securities, which has the effect of pushing down long-term interest rates. This year, interest rates on the 30-year Treasury Bond had already hit a 60-year low, and this move by the Fed will most likely push them even lower.

For those looking to purchase a new home, this is great news. Home prices are currently low, and with interest rates at unheard-of lows, people may be surprised to discover the kind of home they can now afford.

For current homeowners, refinancing has never looked better. “If you thought your current mortgage rate was low, you’d better check again. Given these ridiculously low rates, it’s time to call AccessBanc Mortgage to determine whether it is time for you to refinance again,” says Erny.

For more information about historically low interest rates or any of AccessBanc’s products or services, call them at (408) 514-5312 or visit

About AccessBanc
AccessBanc is a San Francisco Bay Area mortgage broker committed to offering the most seasoned, professional, and competent loan consulting talent available. Because their Loan Consultants enjoy favorable lender terms, use state of the art technology, and apply innovative solutions to knowledgeably work the market, they can offer prospective borrowers extremely competitive mortgage rates and great service.

Their services include: refinance, home purchase, first-time homebuyers, conventional conforming loans, jumbo loans, second/vacation homes, investment/rental properties, pre-qualification and pre-approved letters, and home equity loans / lines of credit. From home finance in Marin to first-time homebuyers in San Jose, AccessBanc’s carefully selected Loan Consultant Team can help Bay Area borrowers find the right loan.

AccessBanc Mortgage is a Real Estate Broker licensed by the California Department of Real Estate, License #00892684. NMLS #311147.


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Greg Erny
Access Banc Mortgage
(408) 202-5626
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