Just got this email from my mortgage company:
Interest rates won’t be this low forever. That’s why now is a great time to learn more about your refinancing options. With home values rising, you may even be able to reduce or eliminate your mortgage insurance. [Company] has found a simple way to help you lower your rate and payment. Here’s an example of how much you may be able to save*:
Current Rate: 3.75
New 30-yr Fixed Rate/APR: 4.125 / 4.166
Current Payment: $1,224.89
New Payment: $1,092.89
Potential Monthly Savings: $132.00** Potential Annual Savings: $1,584.00**
And they don't even mention closing costs.
Submitted June 28, 2017 at 09:32AM by the-bees-sneeze http://ift.tt/2sRodhJ