“Federal Reserve Signals it Won't Raise Interest Rates This Year”
Really good news for anyone considering purchasing a home in 2019 and even beyond. Also, a great time to do a refinance to consolidate debts.
I just did a new mortgage for Amanda. She was paying $1650 per month for rent. Down payment was an issue, but she wanted to live in a more rural area which meant we could do a USDA loan which required no money down. Her mortgage payment is under $1400. Much better to be paying a mortgage instead of collecting rent slips.
I did a refinance for clients a couple of days ago and their mortgage payment was $1773. As part of the refinance we paid off two credit cards that had minimum monthly payments of $900. Their new mortgage payment is $1669. That’s like getting a $12,000 a year pay raise!
“Who Else Do You Know That Needs My Help?”
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