With interest rates beginning to creep up, it’s more important than ever that you refinance your mortgage to the lowest possible rate. You don’t want to pay too much for your mortgage, do you? Everyone bargain shops, looking for the best price for their products, whether they’re cars or toenail clippers. Once people get a mortgage though, they will wait until it’s almost too late to refi to a lower rate and save money. It’s the biggest payment you are going to make every month, make it as small as possible! When interest rates creep up, the time to refinance is now. Don’t get caught out in the cold waiting on the lowest rate.
Your mortgage rate is the most important factor you can affect in your monthly mortgage payment. You can’t change how much you owe, but if you refinance, you can lower your interest rate and put money back in your pocket.
You can also use a refinance to make changes to your home if it’s repairs or enhancement. A cash-out refinance is a great way to finance having work done to your home, using the equity in your home to increase its value. While rates are low, you can use that money to put in a pool, add a deck, finish your basement, add a man cave or she shed, or whatever you want. Your equity can go to work for you, but you need to act quickly to take advantage of these historically low rates.
Call The Home Loan Expert Team in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515, Nashville at (615) 810-8555 or Birmingham, AL at (205)721-7656. You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?