If you are a homeowner and you didn’t refinance in 2020, now is the time. Mortgage rates are the lowest they have been in years. Why not put more money in your pocket? By refinancing, you can easily slash your interest rate and monthly payment. Stop the procrastination and contact today!
“This is a very good time to borrow money, which means it may not be such a great time to lend money, but it’s good for the country that is a good time to borrow money,” billionaire Buffett said a few months ago during his company’s online annual shareholders meeting.
Amidst the coronavirus crisis, the Federal Reserve slashed interest rates to nearly zero. A 30 year, fixed rate mortgage is one of the best instruments because you have the ability to refinance when/if you come across a lower rate.
At this time, refinancing can save you an average of $300+ a month. Many American households have already jumped on board. Applications for refinancing have nearly doubled, compared to a year ago. Many homeowners are still facing economic uncertainty. If you are one of these individuals, refinancing will allow you to save money on your monthly mortgage payments.
Still mulling over the thought of refinancing? If you currently have a 3.65% or higher, and your credit is exceptional, now is the time to call us. Feel free to reach out with any questions.
Feel free to reach out with any questions by giving America’s Moneyline a call today! We would be more than happy to walk you through the next steps that may be more appropriate for you.
