Homeowner can "Win Twice" by Switching to Fixed-Rate Florida Mortgages Now
The Federal Reserve has raised short term interest rates yet again, which means bad news for homeowners with adjustable rate Florida mortgages. As short term rates continue to adjust upward, they will soon “surpass those of 15 or 30-year fixed-rate mortgages,” making adjustable rate Florida mortgages much more costly.
But there’s still hope. “Homeowners have a chance to win twice,” by refinancing to fixed-rate Florida mortgages now. There’s even an extra perk to switching. As credit card minimum payments are expected to increase, Florida “homeowners can protect themselves by using the equity in their homes to consolidate debt.”
To find out which Florida mortgages best suit your particular needs, speak with an expert who understands your financial situation and goals.
But there’s still hope. “Homeowners have a chance to win twice,” by refinancing to fixed-rate Florida mortgages now. There’s even an extra perk to switching. As credit card minimum payments are expected to increase, Florida “homeowners can protect themselves by using the equity in their homes to consolidate debt.”
To find out which Florida mortgages best suit your particular needs, speak with an expert who understands your financial situation and goals.
