Mortgage Knowledge is Power!

Of all the things I bring to my relationship with clients, the one they most often mention is that I give them the knowledge and information they need to empower them to make a sound financial decision. I don't make decisions for my clients, rather I provide the best mortgage options available, and help them make an educated decision. I am not a fan of treating a home like a piggy bank, and am much more likely to discuss planning to be debt free than strategizing how to tap equity in a home. Even so, there are many scenarios where refinancing a current mortgage makes sense.

There are some good ideas in this recent article on RealtyTimes.com. Two which I thought were noteworthy:

• Take advantage of the great rates available on fixed rate mortgages to prevent monthly payments from going up when todays crop of adjustable rates hits the first rate adjustment; and
• Use equity in a home to make a significant down payment on an investment property (I suggest 20% to get the best financing on the investment property).

Call me today to find out what your interest rate will be if you decide to get out of your ARM!

Peter Kazaks * 414.807.7277 * Peter@MortgageMKE.com