Interest rates fluctuate as changes occur in the general economy. If you purchased your home when interest rates were higher, you may want to consider re-financing your loan at a lower rate.
You will have to apply for the new mortgage and have your current income eligibility assessed. Depending on how long you have had your present loan, a current appraisal may be required. There are closing costs, such as attorney, title fees, recording and notary fees, and appraisal charges. The biggest factor in your decision should be the length of time you plan to remain in your home. If you will be there for only a year or two more, it might not pay to re-finance. If you will be in your home longer, re-financing could provide you with lower mortgage payments. Your real estate agent can help you work out the numbers and can refer you to reputable home appraisers and mortgage lenders.
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?
A
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
Casual Atmosphere...Professional Results!
When it comes to buying or selling your home, you want to deal with a REALTOR who makes you feel comfortable. Our style is casual. You won't get a
high-pressured sales pitch from us. You also want a professional who knows the market and follows through to a successful transaction. Selling real
estate is our full-time job. Our results are proven, too. Farm & Home Realty, Inc. is consistently involved as a seller's agent, buyer's agent or both in many of the local transactions. We encourage you to take advantage
of the many tools available on our website. And, we'd love to talk with you. Send us an e-mail, give us a call or, if you are in the area, stop in. The coffee pot is usually on!
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