Is It Time To Refinance?

Do you have exisitng debt outside your mortgage (credit cards, car loans, lines of credit) which you are paying a much higher interest rate on? Do you wish you had additional money to give your financial advisor? Are there home renovations which you are hoping to undertake in the near future, but worried you do not have the cash flow to cover them?

If you answered yes, to any of the above and you have substantial equity in your home, it might be worth having a conversation to see if the time is right to refinance? As you know, interest rates are at historical lows right now, so why not pay off your 18% credit card, and build that debt into your mortgage?

Now the kicker is, that there are usually fees involved in breaking your current mortgage, however, often times, even in light of these fees, you will still come out ahead. How do we know for sure? Give me a call, and we can run through everything with you.