Is now the right time to refinance?
The short answer is, it depends. The right time can be different for everyone! Believe it or not, interest rates do not (or should not) determine when you should refinance as much as your unique financial situation and goals should.
Are you looking to pay off high-interest debt? Have you been thinking about a big renovation, like a new kitchen? Are you just trying to lower your monthly payment to tuck away some extra savings?
All of these factors will play into your refinance decision.
But one thing is for certain….
Junk mail and spam calls are coming! You will start to receive phone calls, text messages, and mail as interest rates drop (if you haven’t already). The Fair Credit Reporting Act allows Credit Reporting Companies to include your name on offer lists used by creditors and insurers. If you want to opt out of the junk, you can head on over to optoutprescreen.com. This will keep you off the list given to creditors and insurers, and will stop all the junk mail, spam calls, and spam texts.
We can help.
When we helped you buy your home, you became a client for life. If you’re not sure when a refinance would be the right move for you, we are here to run the numbers and help you decide if now is the right time. Give your Loan Officer a call to talk about the details….or book a time below and they’ll reach out to you.
Schedule a call to chat about what a refinance could look like for you.
We’re always here to help!!
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610-432-0900 | info@themichaelmannteam.com
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