Mortgage Rates Hit 50 Year Low! Here’s the smart way to take advantage of them… The housing market is a buyer’s paradise right now. The struggling economy has kept home prices low, and mortgage rates haven’t been this low since the 1950’s! Even if you only want to refinance your current home, you can save a lot of money!   A low rate is a great start -- and you will get that with TCU -- but a shorter loan can really make a difference. Take a look at the table below for a $300,000 loan. If you can pay just $383 more each month, a 20 year loan will save you over $85,000 of interest!   It gets better. If you make half your payment every two weeks, you cut 2 years, 3 months off the 20 year loan -- and your savings rise to over $103,000!!   In fact, you can pick your loan term! We’ll set it for any length up to 20 years at a payment frequency that works for you (weekly, biweekly, semimonthly, or monthly). We’ll help you work the numbers. Just give us a call at 503-251-2390 or toll free 1-800-547-7657.