We know many of our clients have very low mortgage rates, but we also know that interest rates on credit cards and other debts have gone up considerably due to the Fed’s funds rate. Credit card debt is at an all-time high, and interest rates on these cards are averaging 25%. We have been able to help some of our clients manage additional debt by combining these higher interest debts into their mortgage payments. Just the other day we were able to help one of our clients save $1300/mo with a cashout refinance. If you need any help consolidating your debt, or just want to review what you currently have, please reach out to us and we would be happy to go over it with you.
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