Here are two important mortgage facts:
But here’s what few people understand – when you decide to refinance you have to make sure you get the absolutely lowest rate possible >>>
If you refinance your mortgage, you pay off the current mortgage loan with a new one that you obtain at a lower interest rate, lowering your payback amount. If you do it right, you could save thousands in the long run >>>
Planning on staying in your home for a while? Would some extra cash in your pocket every month help you pay off other debts quickly? Then you need to look at the top 5 reasons to refinance your home.
Lower interest rates can help shorten the term of your loan so you can pay it off faster. Over the life of the loan you’ll save thousands due to a lower interest rate.
With a lower interest rate than your original mortgage, your refinancing will lower your overall monthly mortgage payments. That means more cash for savings, paying off bills, taking vacations, whatever you need!
If, like most people, you were unable to put down at least 20% when you bought your home, you probably had to pay for PMI. With at least some of the initial loan paid down you have equity in your home and refinancing will help you ditch the PMI payment >>>
If you have an adjustable-rate mortgage, now might be the best time ever to refinance and get a fixed-rate mortgage at new, lower rates. You’ll be free of those fears about your mortgage interest rates changing ever again!
Are you wrestling with high-interest rate debt you’d like to get rid of? There is a cash-out refinance option that could help you. You may have to refinance your mortgage at a higher amount to get that cash-out option, but if you can pay off high-interest debt with a lower refinancing rate it might make sense. You could use that money to pay off credit cards, department store cards, school loans, car loans or even re-invest that money into home-improvements on your house!
Whatever the case, if you want lower mortgage payments or you’d like to shave years off of your home mortgage loan, it is absolutely vital you act while these mortgage rates are still at historic lows. Take action now, LendingArch is here to help you.
Takes just 1 minute (60 seconds) or less:
Step 1 – Select your age below, then answer some questions on the next page.
Step 2 – After you finish those questions, we’ll connect you with lenders so you can learn how much you’ll save.
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*We are dedicated to bringing readers valuable information which can help them accomplish their financial and lifestyle goals. Our disclaimer is that this site does receive compensation for product reviews and referrals or purchases made through our links. This page is an advertisement/advertorial. The story depicted here is for demonstration purposes only and everyone’s results may vary. We hope you find our online resource informative and helpful. This site is in no way affiliated with any news source. This site contains affiliate and partner links. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, then please leave this site immediately. All trademarks, logos, and service marks (collectively the “Trademarks”) displayed are registered and/or unregistered Trademarks of their respective owners. Contents of this website are copyrighted property of the reviewer and/or this website.
© Saving Money Weekly 2021. All Rights Reserved.
THIS IS AN ADVERTISEMENT AND NOT AN ACTUAL NEWS ARTICLE, BLOG, OR CONSUMER PROTECTION UPDATE
*We are dedicated to bringing readers valuable information which can help them accomplish their financial and lifestyle goals. Our disclaimer is that this site does receive compensation for product reviews and referrals or purchases made through our links. This page is an advertisement/advertorial. The story depicted here is for demonstration purposes only and everyone’s results may vary. We hope you find our online resource informative and helpful. This site is in no way affiliated with any news source. This site contains affiliate and partner links. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, then please leave this site immediately. All trademarks, logos, and service marks (collectively the “Trademarks”) displayed are registered and/or unregistered Trademarks of their respective owners. Contents of this website are copyrighted property of the reviewer and/or this website.
© Saving Money Weekly 2021. All Rights Reserved.