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Refinancing Loans
2007 is predicted to be one of the busiest years
for refinancing in recent times. Many home
buyers have loans with adjustable rates.
Currently interest rates are still at an all
time historic low. This may be the time to lock
into a long-term fixed rate product, in order to
avoid higher interest rates and higher payments
later. Many home
owners in California have realized increased
degrees of equity in their property in recent
years. Cash-out refinancing can help pay off
high interest debt, pay for an upgrade or
remodel on your existing home or supply the
capital for another property purchase or
investment.
Thinking about refinancing your home? Here are a
few things to consider:
1. What is the goal of your refinance?
2. Are you planning to take some of the equity out in cash?
3. What are the pros and cons of getting a new loan?
Call or email the professionals at Parklor for a
free consultation! |
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