Follow Me On:

Subscribe to YOU Magazine and other timely market alerts from Deanne Katsaros.

		Deanne Katsaros Mortgage Mom Greentree Mortgage Co LP Phone: (609) 605-7153 CO NMLS ID # 16128 NMLS : ID #143589 deanne@mortgagemom.net www.mortgagemom.net

November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019		Refinance Your Mortgage While Rates Are Low Did you get a mortgage when interest rates were relatively high? There's no time like the present to refinance your mortgage and save money over time by paying less interest. You may also see your monthly payment go down as well. Refinancing gives you more financial flexibility in your monthly budget and helps you pay down your house sooner if that's your goal. It's true that going through the process of refinancing is similar to that of getting your original mortgage, but it's usually less stressful because you will have a proven track record of repayment. Something to consider before you take the plunge is to compare your current interest rate with the average daily rate. If your current rate is within half a percent of the average daily interest rate, refinancing may not make a lot of sense, as the difference in your monthly payment isn't significant. But if your rate is more than a half a percent higher than average, you can save a lot of money immediately and over the life of the mortgage. A lower monthly mortgage payment makes it easier to weather unexpected financial difficulties because you're devoting less of your income to payments. It's no secret that mortgage interest rates are always fluctuating. Sometimes, the rate can swing wildly from one day to the next. Don't let the swings turn you away from refinancing or think that you have to rush to start the process that day. Locking in the desired interest rate for a refi is an option. Once you are approved for the new mortgage, you get the interest rate that you locked into instead of the interest rate available the day the loan closes.

You are receiving a complimentary subscription to YOU Magazine as a result of your ongoing business relationship with Deanne Katsaros. While beneficial to a wide audience, this information is also commercial in nature and it may contain advertising materials. INVITE A FRIEND to receive YOU Magazine. Please feel free to invite your friends and colleagues to subscribe. SUBSCRIBE to YOU Magazine. If you received this message from a friend, you can subscribe online. UNSUBSCRIBE: If you would like to stop receiving emails from Deanne Katsaros, you can easily unsubscribe.

Greentree Mortgage Co LP 2 Eastwick Drive, Suite 300 Gibbsboro, NJ 08026

Powered by Platinum Marketing © Copyright 2024. Vantage Production, LLC.