Be part of the 2% club
Quick question- do you know your mortgage interest rate? If your interest rate doesn't start with a 2 then you'll want to continue reading.
With rates so low, and many products under 3%, I am recommending all of my clients look into refinancing AND/OR buying! Who doesn't love to save money (hello, new shoes, vacations, etc!) If you're renting, the drop in rates could give you the ability to qualify for the home of your dreams!
Also, I have access to loads of investment properties all over the country. I have clients looking in Orlando, Nashville, even parts of Michigan with high cap rates. If you lost 10% or more last week in the stock market crash then perhaps it's time to diversify your portfolio. The cost of borrowing money is so cheap! Check out this comparison below.
I have access to all kinds of lenders. Did you know that even if you have a loan you can still go through another bank to refinance? So many are offering deals on points, closing costs, and still offer competitive rates.
As always, if you're thinking of buying anywhere in the world please allow me to introduce you to an agent I know who specializes in the area.
Your global real estate adviser! - Karen
Karen Stone | Sotheby's International Realty | 917-858-1261 | [email protected]