Compare Today's Mortgage Rates and Home Loans SUTTER CA
Affordable payment can help you shop through a variety of lenders, banks, mortgage brokers and providing you custom rates without any of these banks, lenders, brokers. You do not have to give out your personal information to any of these brokers or lenders. Get qualified for the lowest mortgage and right program and excellent support from Affordable payment.
In this Article we shall focus on answering some common queries of Sutter CA mortgage borrowers:
Should Sutter CA mortgage borrower Combine Two Mortgages Into One?
Back in times. It was much easier to qualify for mortgage and often for more than you actually qualified for but rates were high. Today it’s the opposite. It’s more difficult to qualify but the rates are very low.
So if you are a mortgage borrower who took two loans on the mortgage. You may want to know if combining the two mortgages into one a better idea or to leave it the way it is. Let’s see:
Reduce your rate: Back in 2007 just before the mortgage crash. Rates were around 6.5%. Today that is in 2017 the rates average 3.67%. So its lot cheaper today and so it makes sense to combine the mortgage into one and get a lower rate.
Eliminate the risk of a Variable Rate mortgage: Many a times a borrower feel attracted towards a lower rate on ARM where the rates will be fixed for a few years and the payment would be low. Since 2014 Feds have signalled that they would be increasing the rates in times to come. So if you have a second mortgage where the rates would be adjusting. It’s wise to combine the two into one and get a fixed rate.
Call Sutter CA mortgage expert below to get you the lowest mortgage rate on your refinance.
For more information visit www.affordable-payment.com or call 323-705-3191 if you are a California Mortgage borrower.
30 yr fixed refi 3.807% APR 3.775%Rate | At 0 pts
20 yr fixed refi 3.500%APR 3.500% Rate | At 0 pts
15 yr fixed refi 3.044%APR 3.000% Rate | At 0 pts
10 yr fixed refi 2.940%APR 2.875% Rate | At 0 pts
Artical by Roger Shanker
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