Taking Advantage of a Poor Economy

The economy being in the toilet does not always have to be a bad thing. Conveniently my mortgage is due to renewal in the next 2 months. I spoke to a rep at the bank I would like to transfer my mortgage over to and they advised they can lock me in for a rate of 4.15% for 5 years. When I setup my mortgage through another bank three years prior I received a rate of 5.25%, which was really good at that time as well. Another advantage to the poor economy which I noticed recently is that my line of credit's interest rate has decreased by almost 5%, so I am saving even more. Be wary of credit card interest rates though, i have noticed many companies have actually increased their rates. If you have a line of credit I recommend using it to pay your credit card to keep your balance with the lowest interest rate.