For years clients have asked me about refinancing their mortgages, or called to tell me their great new rate. But, when the conversation turned to what my interest rate, they were typically amazed that my rate was below 3%. So, how did I get that rate? For the past decade I have used an ARM on my house in Vienna. Yes, an Adjustable Rate Continue Reading
Should We Refinance the Mortgage?
I don't usually ask for your comments right in the first sentence, but I have been talking to many clients, friends and neighbors about refinancing their home mortgage these days. And the stories have been fascinating especially since fixed rates are near 4.0% or less. When I originally wrote the post about Virginia's recordation tax exeption Continue Reading
Refinancing a mortgage in Virginia
Saving money is always why people want to start the hassle of refinancing. And with today's fixed rates still around 5%, I get calls and e-mails from past clients with questions about their options all the time. It is nice to be considered their go-to guy when it comes to real estate questions, and now you too shall know the big refinancing secret Continue Reading
