Have you refinanced your mortgage in the past year? Over the last few months, the U.S. has experienced record low mortgage rates, making now a fantastic time to refinance! With a refinance of your mortgage, you can pay off debt and reach financial goals by freeing up extra cash.
To decide if you are a good candidate for a mortgage refinance, ask yourself these questions:
- “Do I want a lower monthly mortgage payment?”
- “Am I paying PMI?” … We may be able to reduce it or potentially even remove your PMI expense altogether.
- “Do I have an ARM on my loan?” … Refinancing to a fixed rate could lock you in at the current low rates.
- “Do I have financial goals that I need to free up cash for?” … Refinancing could help!
If you answered yes to any of these questions, let’s talk about your refinancing options!
- Fairway Fort Lauderdale is ready to help with all of your home financing needs. Whether you want to refinance your current home loan or purchase a new home, we are here to assist! Call us today to set up an appointment.
