A mortgage silver lining

19 March 2008 - 13:45
Filed under: Debt Management — Tim @ 1:45 pm

Just when I thought I helped my last client refinance their mortgage…we get a little silver lining in this subprime mortgage mess.

The Fed has reduced rates and that means long term fixed rate mortgages are back under 6%. This is providing anyone who has a variable mortgage, who missed the last refinance opportunity, or who is purchasing a new home with the opportunity to take advantage of the lower rates.

If you or anyone you know could benefit from a discussion of the best way to manage their mortgage, please give me a call.

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