When is It Right to Refi?

There are many reasons to refinance a mortgage. Perhaps the homeowner wants to restructure their mortgage to take advantage of a lower interest rate, or change the length of their mortgage to meet their financial goals. Many borrowers need to switch from an adjustable rate mortgage (ARM) to a fixed rate, while others use some of their equity to pay for the kids’ college or for remodeling expenses.

Refinancing is right for some but not for everyone, so the next time you’re in a conversation with a friend, family member or neighbor and they mention that they’re thinking about refinancing their mortgage, feel comfortable enough to take out your cell phone, look up my number (609-868-2114) and call me immediately. We can set up a free consultation where I’ll review their current mortgage and make recommendations for their next best step.

 Be sure to call me when someone you know says they’re thinking of refinancing, so I can help them make an informed decision.

Related articles

• Plunging Mortgage Refinancing Rates Aid the Thrifty (nytimes.com)
• Plunge in mortgage rates prompts surge in refinancing (seattletimes.nwsource.com)
• Think Twice Before You Refinance (fool.com)
• Should You Refinance Your Mortgage? (blogher.com)
• How Do I Know If My Mortgage Loan Is Fannie Mae or Freddie Mac? (thinkup.waldenu.edu)