Today’s Guest:
YES, it’s TRUE! Mortgage Interest rates dropped ½ percent and additional decreases appear to be planned for Nov-Dec., so WHO should be looking to refinance NOW and lock in a newer rate? On the 9/24/24 episode of Your Money Matters Radio Show, Kurt Rogers, Managing Broker at Affordable Interest Mortgage covers this along with several other questions his clients called and asked about just over the past weeks and so he’s sharing the Q&A’s on today’s show to give clarity and additional context to these burning questions:
1. If I start a mortgage loan to either purchase or refinance my home, should I lock now and if I do, what happens if the rate goes down? How can I protect myself?
2. What should I look for when someone is advertising a low mortgage interest rate? How can they put out false information?
3. I have been told that unless I save at least 1% of a lower mortgage interest rate, it doesn’t make sense to refinance, is that true?
4. I got a 30-year fixed rate, 3 years ago at 3% – I have approximately $55,000 in other debt, how can refinancing allow me to lower my payment and pay off my home loan faster – I only have 27 years left?
5. I don’t have a lot of money to put down to purchase a home – 5% – 10%. With the new requirement that I now have to pay my agent, how can I still be able to purchase a home?
Kurt Rogers is our exclusive Mortgage Broker. Call Kurt at (720) 895-0500 and explore your mortgage refinance options if you have high interest debt! Kurt is saving real clients, real money! Check out the website at www.aimortgage.net.
Be sure to tune in every Tuesday at Noon – 1PM on 560AM KLZ for The Your Money Matters Radio Show. I am proud to be the exclusive Mortgage Broker for The Haystack Help Radio Home Team!
Affordable Interest Mortgage – Powered by IMB #2191655. NMLS 217147. Equal Opportunity Lender. Regulated by Division of Real Estate. MLO #100020228.
Then, our special guest in studio is Phil Wilson, Owner of Certa Pro. Phil gives some insight to the Certa Pro way of doing business. A great advantage for Certa Pro customers that work with Phil is to work with Lauren, Color Consultant that helps customers in choosing the right colors. Make sure when you hire any Contractor they are licensed and insured. Phil is offering a $200 discount on any job over $2000 call 844-253-6952. CertaPro.com.
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