Get Some Crucial San Francisco Refinance Education
If you have a mortgage on a San Francisco house which you got before the sub-prime mortgage crisis, then you are probably paying based on a high interest rate of 6.5%. This means that if the house you are buying was worth $695,000, your monthly payment should amount to $ 4,392.
If your loan term is on a fixed interest rate, then regardless of the interest rate today (which is much lower), you are still paying the same amount. Sounds unfair, right?
You can change this right now with a San Francisco refinance, and based on the prevailing interest rate of 4.625%, you will only pay $ 3,573 a month! Wow! Doesn’t that make your business heart skip a bit? It should because you will be saving around $819 a month! Make sure get some crucial San Francisco refinance education before you start though.
Go ahead, make your day and get refinanced now.