Refinance Today and Save Thousands

Elderly CoupleLow mortgage rates, down even into the 2’s, are driving thousands of homeowners to refinance their mortgages.  Are you going to take advantage, or will you let this opportunity slip past you?

Refinancing homeowners are streaming in the door right now, looking to save thousands on their mortgages by refinancing to today’s lower rates.  Lower interest rates mean lower monthly payments, and less money out of your pocket.  The typical homeowner is saving more than 30%, according to Freddie Mac.

Many other homeowners are refinancing to convert their ARM into a fixed-rate loan.  Cancelling their FHA PMI now that home values are back up is another popular reason.

With home values rising, cash-out refinances are following along.  A cash-out refinance is a refinance which gives a homeowner cash at closing which can be used for debt consolidation, long-term savings, home improvements, or anything else. The “cash” is a conversion of the homeowner’s home equity into a liquid, usable form.

All of these are great reasons to refinance your home as soon as possible, if you have a rate that’s not in the 2’s.  People, rates are extremely low right now, you can take advantage and save money on your mortgage by getting a low rate right now.  If you pass this up, you’ll kick yourselves when rates rebound.  Remember, 10 years ago, mortgage rates were 6.25%.  That’s nearly twice what you can get today.

Get Started

This is the most opportune time for you to buy a new home or refinance the one you have.  Take advantage of lower mortgage rates to save money. Call us in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515 or Nashville at (615) 810-8555.  You can always apply online at www.thehomeloanexpert.com, and we’re also open on Saturdays to better serve you. Don’t forget to follow @TheHomeLoanEx on Twitter for breaking mortgage news and knowledge.  Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?

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