Why Lower Rates Don't Always Mean Lower Payments

Why Lower Rates Don't Always Mean Lower Payments

The current mortgage landscape is increasingly complex and one that deserves some special attention. Not only are rates important to those buying a home, but also to those looking to refinance.

BUT... Just because rates go down, this DOESN'T always mean you're getting a better deal!

Tune in for our conversation as we tackle the following questions:

1. The impact of fluctuating interest rates on refinancing decisions.

2. Strategies for homeowners and first-time buyers to make informed choices.

3. The importance of understanding purchase vs. refi rates.

4. How credit scores and special programs can affect your refinancing options.

5. Practical advice on when to refinance, considering both rates and overall financial benefits.

6. Combining mortgages and managing high-interest debts effectively.

Amanda and Dan share their expert insights and real-world examples to help you navigate these challenging times. Whether you're a seasoned homeowner or a first-time buyer, this video offers valuable advice on how to manage your mortgage and make the best financial decisions.

📞 For personalized advice, don't hesitate to call or text Dan Gjeldum at Guaranteed Rate. He's always available to provide expert guidance tailored to your unique situation.

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