I firmly believe that with interest rates at a 30 year high, now is NOT the time to lock in your rate. If you are on a variable mortgage have a read. This article provides some great historical context.... What goes up must come down. https://t.co/0gkaSm70Jg
Is now a good time to refinance your home?
Things to consider:
1) The Feds have signaled that interest rate hikes could be coming soon
2) A wild housing market has driven up home values
3) Rates are currently still at historic lows
Feel free to reach out to discuss,
Now could be the time to renew early with rate hikes expected in the coming months!
Note, if you are renewing early, your new lender can cap up to $3,000 of your existing payout penalty into your new mortgage.
TMG HQ https://t.co/drwaC5rxPn via @FacebookWatch