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8081 Normandy Blvd. Suite #5 |
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Should I Refinance?
If you were lucky enough to finance your home when mortgage rates were low and you locked in a low fixed rate loan; you may have no interest in refinancing at this time. However, if you bought your home when rates were high, or chose an adjustable rate loan to keep your early payments lower, this may be an ideal time for you to consider refinancing your home. One rule of thumb is that if your present interest rate is at least 1.25% above the current market rate you should investigate a refinance. There are other factors that could make a refinance worth while even if the rate spread is not that wide. Refinancing can be a good idea for homeowners who:
If you would like to find out more about refinancing your home, please fill in the information requested below and we will call you with a current market analysis. A response is required on all of the red questions. If a question does not apply to you, or if you choose not to provide the information, please enter NA
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