Record-Breaking Interest Rates Make NOW a Great Time to Refinance

refinance, house, money, plants, calculator

Record-Breaking Interest Rates Make NOW a Great Time to Refinance

refinance, house, money, plants, calculatorHave 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:

  1. “Do I want a lower monthly mortgage payment?”
  2. “Am I paying PMI?” … We may be able to reduce it or potentially even remove your PMI expense altogether.
  3. “Do I have an ARM on my loan?” … Refinancing to a fixed rate could lock you in at the current low rates.
  4. “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.

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