New Refinance
October 16th, 2008Refinance Austin Homes.com is proud to note another great refinance for an Austin client. Tom and Angela currently are on an adjustable mortgage with a rate of 7.9% getting ready to adjust this month. Their new rate would increase to at least 8.4% possibly 8.9%. We were able to place them on an FHA mortgage with a new rate of 6% saving them $180/month. This is a 30 year fixed rate mortgage. Refinancing your home in Austin is easy. The best candidates are those on Adjustable mortgages or those with rates over 7.0%. Taking cash out of your mortgage is becoming more popular while rates remain low and such uncertainty in the market. If you find yourself in need of refinancing your mortgage or just have general mortgage related questions, please feel free to contact us anytime.
Josh Kohl