Refinance Now Before Rates Increase!
Refinance Now Before Rates Increase! With rates expected to rise, now is a good time to review your current mortgage and consider refinancing or switching to a loan term better suited for your needs.
Why Refinance? • Utilize some of the equity in your home to take cash out for home improvements, debt consolidation, college tuition and more • Pay off your adjusting home equity line of credit and obtain a fixed-rate second mortgage to stabilize your monthly payments • Switch to a mortgage with a shorter fixed-rate loan term and pay off your loan faster • If you are considering moving in the next 4-7 years, an interest only loan may minimize your monthly payments • Homes have increased in value in recent years for most areas. Use the equity within your home to get out of your • existing mortgage insurance.
Why Refinance? • Utilize some of the equity in your home to take cash out for home improvements, debt consolidation, college tuition and more • Pay off your adjusting home equity line of credit and obtain a fixed-rate second mortgage to stabilize your monthly payments • Switch to a mortgage with a shorter fixed-rate loan term and pay off your loan faster • If you are considering moving in the next 4-7 years, an interest only loan may minimize your monthly payments • Homes have increased in value in recent years for most areas. Use the equity within your home to get out of your • existing mortgage insurance.
