When the government wants us to spend, they make it easy. With interest rates at historic lows, the time is right to not only refinance a mortgage, but a new home, get a new car and more, but savings accounts are looking pretty grim. With the average yield on savings accounts nationwide at less than 1% APY (and checking is dismal at 0.57% nationally), we’re looking at the interest being a zero-sum game after those taxable dividends.

It’s no wonder that it’s a great time to go out an buy whatever’s on the books. Low interest rates on auto loans (between 3-5%), low mortgage rates (under 5%) and low savings rates mean that the most prudent decision you may make is to put your money to work in a major asset instead of buckling it down in the banks.

While you’re out shopping for that next great thing in your life, catch a glimpse of the local events calendar before you leave the house. We keep it updates so you know where to go and when and there’s quite a bit on the books for the rest of May!

Happy shopping, stay cool and we’ll see you next week!

The Staff at San Juan Realty, Inc.