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SoundChoice Mortgage, LLC
5 followers -
A mortgage broker specializing in residential purchases and refinances
A mortgage broker specializing in residential purchases and refinances

5 followers
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Mortgage Update from SoundChoice Mortgage

Mortgage rates have been fairly firm so far this year. There has been very little volatility, even with the two rate hikes we had from the FED.

Rates have increased from where they were this time last year, but are still very good. Conforming 30 year rates have been hovering in the low 4% range, 15 year in the mid 3% range.

Government loans such as FHA and VA are a bit lower in the mid to high 3% range. If you have a FHA or VA loan, you could qualify for a streamline loan.

The bright spot has been the steady increase in property values. According to Zillow, property values have increased almost 10% over last year’s values on average.

This increase in equity has opened up some opportunities for those who need or want to pull some cash out of their home.

• Home improvement
• Debt consolidation
• Combining a 1st and 2nd mortgage
• Education expenses
• Other needs

No one has a crystal ball, who know when rates are going to increase over where they are now, but If you do pull cash out or adjust your finances, rates are still very good and could benefit you greatly.

Let me know if I can help, or if you have any questions.

Your mortgage guy,

Bob

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Good mortgage read. Show how much you can save by sending in a little more every month - Big savings!

Good article on new rule changes on what you can write off in mortgage interest. Take a closer look at you 1098 this year.

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Not sure if you should refinance? Call us for a mortgage check up. Five minutes could save you big$$$

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Not sure if you should refinance? Call us for a mortgage check up. Five minutes could save you big$$$

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Even if you have refinanced in the last three years it may be time to refinance again to save more,give us a call!

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Money is cheap right now, take advantage while its still low.

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Rates are great! Give us a call 866-770-4877 to see how much you can save.

This is the only bright spot in finance today:
The drop in treasury yields = better mortgage rates.
Give us a call. 770-415-1044

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