Big News: The Fed Might Be Cutting Rates (again) - Is It Time to Refinance?

Mark your calendar: the Federal Reserve (The Fed) meets on October 29th, and many experts are predicting a rate cut, maybe even another one in December. That means lower interest rates could be just around the corner and now might be the perfect time to refinance your home, save money, and breathe a little easier.

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Over the last 5 years, homeowners have gained an immense amount of equity in their home. You could be sitting on un-tapped potential! Use your home equity in many ways: fund a new car (with better rates than those dealerships), get a head-start on your holiday shopping, finally plan that family vacation… the options are endless.

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Here are 3 Smart Ways to Tap into your Home Equity:

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Rate-and-Term Refinance
Looking to lower your monthly payments or pay off your home faster? Swap out your current rate or loan term for a better deal - no extra cash needed.

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Cash-Out Refinance
Tap into your home’s equity to tackle high-interest debt, fund home improvements, or just free up some cash for life’s big expenses.

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Home Equity Line of Credit (HELOC)
Think of it as a credit card backed by your home. Borrow as needed, repay, and borrow again - it’s flexible and great for ongoing expenses.

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Have an already low rate and don’t want it to change? We even have options that allow you to preserve your current rate, while still accessing your home equity to consolidate all your long-standing debt under one monthly payment!

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Wondering if a refinance could put more money in your pocket?
Call your local mortgage specialist to find out how!