It’s a new year, and with that comes a new outlook into the future. Many people look at the New Year as an opportunity to make improvements in their life. Whether it be a new workout regimen, spending more time with friends and family, taking up a new hobby or setting new financial goals.
Are you on-pace to meet your financial goals in 2021? While approximately 80 percent of all New Year’s resolutions fail around the first month, we want you to know we are here to help you meet your financial goals in 2021.
Much like visiting the doctor each year for a physical, it’s important to check up on your finances periodically to ensure you are heading in the right direction. If you weren’t aware, Mortgage interest rates fell over the last 12 months, reaching near all-time lows. Lower interest rates greatly benefit homeowners who are eligible to refinance their current mortgage and can provide a number of opportunities to save money and gain access to cash for other uses.
When you refinance your mortgage, you may be able to save money on your monthly mortgage payment, shorten the length or term of your mortgage, gain access to cash to pay off high-interest credit cards or make home improvements and more.
Schedule Your Financial Check-Up
If you would like to see if refinancing makes sense for you, contact your local credit union today for a free, no-obligation “Financial Check-Up” to see if you are eligible to take advantage of today’s low interest rates. We will help determine if you can benefit from a traditional or cash-out refinance and you can get 2021 started out on the right foot.