When You Call, Use Your ‘Smart’ Phone | SJS Investment Services

When You Call, Use Your ‘Smart’ Phone

October 15, 2019

“There is always something smart to do.”

These are the words we often use among the team at SJS, as we regularly review your portfolio, make rebalancing decisions to stay true to your goals and risk tolerance, and evaluate your portfolio to determine whether new investments might provide a good opportunity for you.

The stock market, interest rates, tax laws, and estate rules are a few of the forces that are in constant flux. We monitor these influences on a daily basis, form judgments and, in turn, make decisions about portfolio adjustments, tax savings strategies, and estate and legacy recommendations. We spend our time studying and following these changes and developments so you don’t have to.

We know that your situation is unique, as is every client’s. But, there are times when we believe it might be helpful to point to a market force that may be actionable for you, your family, or your loved ones.

One such market force right now? Falling mortgage rates.

The chart below from Freddie Mac illustrates the changes in the average rate for a 30-year fixed rate mortgage in the United States over the past five years.

mortgage rate chart

Source: 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac, fred.stlouisfed.org.


As the chart shows, today’s mortgage rates are close to the historic lows we saw during the second half of 2016. While rates may continue to fluctuate, we believe there is opportunity now to review any mortgage you hold to see if there may be a benefit in refinancing.

Wonder if these lower rates might work in your favor? Give us a call – we can help you understand how refinancing might fit in to your bigger financial picture. There is always something smart to do, and we’re always here to assist.