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Will You Save Money by Refinancing Your Mortgage?
Even smart people make mistakes with money. Not refinancing their mortgage when rates are low is one of them. Mortgage rates haven’t been this low since 2016, now is the time to make your hard-earned dollars work for you and last longer. Home values have increased while interest rates have plummeted making conditions just right for refinancing.
4 reasons to refinance your mortgage:
Even smart people make mistakes with money. Not refinancing their mortgage when rates are low is one of them. Mortgage rates haven’t been this low since 2016, now is the time to make your hard-earned dollars work for you and last longer. Home values have increased while interest rates have plummeted making conditions just right for refinancing.
4 reasons to refinance your mortgage:
- Even savings of less than 1% because of refinancing can be substantial. Most homeowners refinancing purchased their home within the last three years.
- Many second mortgages/lines of credit are resetting after 10 years of interest-only payments. Save yourself money by merging your second mortgage with your first.
- Those wishing to merge credit cards and auto debt benefit. This is much easier now that home values have increased. The savings can apply to your principal balance each month to allow for an earlier payoff of your mortgage. For homeowners wanting to keep their loan terms, we can refinance using your current schedule.
- Cash out to put money towards an investment like a second home or business.
REFINANCE TODAY at these super low interest rates. Call me for a FREE no obligation review of your mortgage to reduce your monthly payments.
Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603
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