If you are looking to buy your dream home or refinancing your current mortgage to a lower rate, the question most often asked is what happens if rates get better? This one question stops many buyers from taking action which ends up costing them thousands of dollars. What causes most buyers to wait? The name of the product. We see 30-Year Fixed Rate Mortgage, and mentally think we are tied to this decision for 30-years. The reality is that mortgages are a flexible financial tool. The average life of the 30-Year Mortgage is 7-years! If you are looking to refinance your mortgage and are saving money each month, you should refinance today. If you are saving $300.00 per month but you decide to wait until rates get better, if rates take 7 months for mortgage rates to get lower you lost $2,100.00 in savings. The most effective strategy is to refinance now saving money each month. When mortgage rates improve, FDM will refinance you to lower rates for free. Save now and save later! If you are looking to buy, the market is in your favor. When mortgage rates improve, more buyers enter the market. More buyers mean more competition for homes, pushing prices higher. What you save in lower interest rates you lose in the sales price increase. The most effective strategy is to buy now locking the lower sales price. When mortgage rates improve FDM will refinance you to lower rates for free. Learn how to effectively use a mortgage as the flexible financial tool it is. The FDM Free Refinance Program will refinance you loan for free with no lender fees!
