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Get Low Refinance Rates From Just 2.12%.

New Year Resolution: Refinance and Save

Homeowners across the country have been taking advantage of historically low interest rates to refinance their home mortgage loans. If your New Year’s resolution this year is to get your finances under control and refinance that albatross of a mortgage we can help.

The housing market in the United States is booming. Lower interest rates mean lower monthly payments and the opportunity to borrow against your home equity to make repairs or improvements to your home.

For many homeowners, when refinancing a mortgage, it is best to finance more than the balance needed to pay off the previous mortgage. This allows you to tap the equity in your home without needing a second mortgage or a home equity line of credit. The advantage in refinancing this way is that you will only have to make one monthly payment instead of two or sometimes three. You can use the excess funds for any purpose: pay off bills, make repairs, buy a car, even to take a vacation.

How do you save money when refinancing your mortgage? You do this by educating yourself about mortgages and the mortgage industry. Our free guide is an excellent resource as it has the information you need in one easy to follow guidebook. Refinancing your mortgage is not a decision to be taken lightly and it pays to do your homework first. If you follow interest rates and today’s rates are lower than what you are paying now it would be a smart move to consider refinancing.

Many homeowners refinance their mortgages to save money; however, there are other reasons. By acquiring a lower interest rate you could lower your monthly mortgage payments. You also pay the lender less over the life of the loan. Another reason to refinance is to consolidate your debts into one payment. This can save you time, frustration, and money by paying one loan at a low interest rate.

To learn more sign up for our free guide to mortgages and mortgage refinancing: “Five Things You Need to Know Before Refinancing Your Mortgage.”

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