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December 2019

posted Dec 10, 2019, 1:26 PM by Donna Telep   [ updated Dec 10, 2019, 1:31 PM ]

RATE UPDATE

 

Rates are still low and we are expecting to see little change over the next few months.

 

The consensus is that rates will start moving up by mid 2020 for both the fixed and variable. The expectation is a 0.5% to 1% increase by the end of 2020.

 

 

Is Now the Time for Me to Refinance…

 

1.    To lower my interest rate? How much is

       my penalty, and will my net savings make

       it worthwhile?

 

2.   Could I benefit from interest savings by

      paying out some of my higher interest debt?

 

3.   Would this be a good time to  purchase a

      new vehicle, or rental property?

 

4.   Is it time to do some renovations or

      upgrades to the house or yard?

 

If you would like to look at your options to see if refinancing is worth it for you,

contact me today!

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