The Fed hinted today they might raise short-term rates at some point. That doesn't necessarily mean mortgage rates will rise anytime soon but if you refi to grab today's low rates, DON'T start paying less per month just because you can. Pay the same amount as before and you'll get your mortgage paid off sooner and save thousands on interest.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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