Increased residential property values combined with the lowest mortgage interest rates since October 2016 has driven a Refinance Boom. The increase in residential prices has slowed the purchase market some, but when combined with the low interest rates it has opened a great opportunity for those homeowners who can benefit from a refinance.
Here are some reasons that a refinance may benefit a homeowner:
- Lower the monthly payment
- Shorten the mortgage term
- Consolidate debt
- Cancel the mortgage insurance
- Complete home improvements
When you are refinancing or purchasing real estate and the time comes to have your documents notarized, make it easy on yourself! Choose Notary Near You, for prompt, precise, and professional mobile notary services that save you time by traveling to you, where ever in the nation you might be.