The big 2011 money question: Should You Refinance Your Mortgage.. in a nutshell, it depends.
The bottom line mortgage rates are extremely low right now. How low? Try 4.5% and lower for 30 year money and 15 year is under 4.0% and that is without points! Ultimately, no one can control the actual rate you’ll get on that loan as rates move all day. Refinancing makes sense even if you are saving only .5% in rate too. Don’t think so? Receive Live Rate Quote by filling out the loan search parameters or giving me a call at 707 217 4000. We can run the numbers together.
Refinance into a lower rate mortgage, never refinance again!
If you can save money by refinancing, reduce your interest expense over time, especially considering the no-cost refinancing opportunities available, go for it! Whether going with a Conventional Loan or with a loan from the FHA, the time has arrived. You may never need to refinance again…ever. Rates are near the historical lows of 2010 and they will not last. Sonoma County Best Rates give you the best payment.Act Now!
Receive a live mortgage rate with local lender Scott Sheldon today.
Share:
Posted in:
RELATED MORTGAGE ADVICE FROM SCOTT SHELDON
New Fannie Mae Mortgage Value Rules: What Homebuyers and Refinancers Need to Know
As of October 31, 2024, Fannie Mae has introduced new requirements that will significantly impact…
VA Loans in Community Property States: How to Manage Spouse’s Credit and Debt in California
Navigating VA Loans in Community Property States: A Guide for Married Couples in Sonoma and…
Why you should wait for your credit to improve before applying for a mortgage
In the current consumer landscape, securing approval for a mortgage is a significant challenge. It’s…
New Mortgage Loan Limits for 2023
The Federal Housing Finance Agency announced on Tuesday, November 29th the new loan limits for…
View More from The Mortgage Files:
2 Comments
begin your mortgage journey with sonoma county mortgages
Let us make your mortgage experience easy. Trust our expertise to get you your best mortgage rate. Click below to start turning your home dreams into reality today!
[…] equity and are otherwise underwater on their mortgages. For these people, up until now, refinancing has been out of the question. Lots of folks have only one loan on their property with an average […]
[…] #AT# sonomacountymortgages.com – replace #AT# with @ ]. Maybe you’re thinking about doing a refinance and your curious what the market is? I’d be happy to provide you a no obligation rate quote. […]