“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?”
Subscribe to my blog via Email:
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
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.