[Bonus Episode] Office Hours: The Advantages (and Disadvantages) of Refinancing Your Home’s Mortgage

These days, not only are we experiencing record low interest rates, we are also seeing home prices that are constantly on the rise. And this has created a perfect storm for people wanting to refinance their mortgage – for a number of reasons.

Although it is obvious to mortgage professionals the reasons why you might want to reconfigure the terms of your home’s mortgage, it is not necessarily as obvious to those outside of the mortgage business. So, on this episode of Office Hours, Malcolm & Desiree sit down to explain the basics of how a home refinance works, as well as some scenarios in which a refinance might make sense for you.

Contact Desiree: desiree@fortismortgage.com

Follow us on social: @fortismortgage

Disclosures:

The information provided is for educational and informational purposes only, does not constitute investment advice, and should not be relied upon as such. It should not be considered a solicitation to buy or an offer to sell a security. The views expressed in this commentary are subject to change based on market and other conditions. This writing may contain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur. Be sure to consult with your tax and legal advisors before taking any action that could have tax consequences. Investments in securities and insurance products are: NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

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