Rate Watch In an effort to quell inflation, the Fed increased policy rates by 0.75% at their most recent meeting. This is the largest increase since 1994 and more than initially expected. Mortgage interest rates had already moved upward in…
Is it time? According to the Mortgage Bankers Association, 44.9% of American households have slightly greater than 50% in available equity in their homes at the end of Q1 2022. Pent up equity positions, even in these market conditions, can…
How much is your home equity worth? Lower your monthly outgo while increasing your cash flow with increased home values! Cash-Out Refinance is when you use your home’s equity to refinance for more than the outstanding balance owed on your…
It’s a new year, take a mortgage holiday in 2022! Benefits of Refinancing lower interest rate and lower monthly payment Possibly lower your monthly mortgage payment by decreasing or eliminating mortgage insurance Consolidate debt Use your home’s equity to generate…
Is it Time to Refinance? Refinancing could mean big savings depending on your financial situation. Refinancing a mortgage means paying off your existing home loan and replacing it with a new one. A cash-out refinance could give you access to…
New Low Rate Offerings in 2020 Take advantage of low interest rates today to increase your buying power or reduce your loan term and save money! Request a consultation with our award-winning team today. https://gmfsmortgage.com/free-consultation/
Is now a good time to refinance my loan? As interest rates drop, many homeowners find themselves considering if now is a good time to refinance their existing home loan. Refinancing could mean big savings depending on your financial situation….
Your Home Equity Could Mean Extra Cash with a Cash Out Refinance With low rates and rising home values, now might be the perfect time to refinance. Tap into your home’s equity to renovate your home, take a dream vacation,…