Refinancing ......is it right for you?.

Mortgage Bankers Association reports that the average American refinances his or her mortgage every 4 years. It is important to consider both cost & benefits before making your decision.

Three Top Reasons Refinancing Is Right For You

1. To Obtain A Lower Fixed Rate. If you took out your fixed mortgage several years ago & interest rates have dropped, refinancing may lower your payment considerably.
2.To Build Your Equity Faster.You may want to refinance your mortgage with a shorter term.This results in a higher monthly payment but pays off your mortgage with a shorter term. You will save substantially on long term interest charges.
3.To Turn Home Equity Into Cash.This is called a cash out refinance.You may want to take out a new mortgage with a larger loan amount.You can get cash out to pay off existing debt, such as credit cards at a much lower rate.You can pay for college tuition or make that improvement to your home you have longer for.

IS MORTGAGE REFINANCING RIGHT FOR YOU?

How long you expect to stay in your home should be considered before refinancing. Also, you might want to check with your current lender to make sure there is not a prepayment penalty to pay off your loan early. If you need help deciding whether refinancing is right for you please give me a call for assistance. The process is easy & takes less than 30 days from start to finish.It can be done where this does not cost you any money out of your pocket. The cost to close is rolled into your new loan amount.Rates are at an historic loan and probably will never be this low again.

This Month in Real Estate

We thought you would want to see the latest in a series of news reports on real estate trends. It’s called “This Month in Real Estate.” We understand how hard it is to escape the national media’s dire predictions for home buyers and sellers in today’s market. But there’s another side to the real estate story: this market offers amazing opportunities for buying and selling real estate right now — in your area! We’re not missing those opportunities, because we’re in the market every day, working for our clients to make the most of this market. And we can’t wait to do the same for you!

November 2009www.youtube.com/watch

October 2009http://www.youtube.com/watch?v=-Oq3bdOA2J8

September 2009www.youtube.com/watch

August 2009http://www.youtube.com/watch?v=6O-UFD5q-HI

July 2009 http://www.youtube.com/watch?v=j_-yXOLd1Xk

June 2009http://www.youtube.com/watch?v=_lnrH0WhCNo

May 2009http://www.youtube.com/watch?v=pyql9Q5fzII

April 2009http://www.youtube.com/watch?v=xunqXonuQbc

March 2009http://www.youtube.com/watch?v=mA4zE2vUK-U&feature=player_embedded

Feb 2009http://www.youtube.com/watch?v=YI1pp51JvrI

Jan 2009http://www.youtube.com/watch?v=p7Dh3rZTEyg