"NO, I would Not refinance!”

"NO, I would Not refinance!”

 

 

Mr. Petrowsky,

You did our mortgage a few years ago, I believe we have 7 years left to pay on it and owe approximately $68,000. Our current rate is 3.5% and are constantly being told we should refinance. Should we look at refinancing at this point? I know for sure that you would tell us straight.

 

 

Sure, they would lower their rate at least 1% lower, but how about the fees to close the loan? At this point most of their mortgage payment is principle, so it makes no sense to refinance.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 1 commentJoe Petrowsky • January 12 2021 03:23PM
"NO, I would Not refinance! ”
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