813.910.8020 Apply Now

Mortgage Broker Tampa, FL | Mortgage Lender Tampa Florida | Marimark Mortgage

  • Home
  • Homebuyers
  • Homeowners
  • Realtors
  • Investors
  • About Marimark
  • Contact Us
  • Mortgages
  • Apply Now
  • Current Mortgage Rates
  • Calculators
  • Testimonials
  • Blog
  • Videos
  • Featured In
Home / Blog / Refinance / The Mortgage-Refinancing Opportunity of a Lifetime May Be Slipping Away

The Mortgage-Refinancing Opportunity of a Lifetime May Be Slipping Away

April 29, 2014 By Mary Catchur

Refinance your home and save money on your monthly payment
Photo Credit: (c) Depositphotos.com / iqoncept.

MarketWatch reports that the mortgage-refinancing opportunity of a lifetime may be slipping away for many Americans. In an article titled, Refinance your home mortgage now, Jonathan Clements says:

Is the mortgage-refinancing opportunity of a lifetime slipping away? I suspect the answer is “yes”—and it isn’t because I can forecast interest rates. Rather, the Federal Reserve has announced it’s cutting back on its bond purchases, and that will likely mean higher interest rates—including rates on new mortgages.

The MarketWatch article once again confirms projections that mortgage rates will rise from here, and may not return to these levels for an extended period of time.

Many Americans Have Not Refinanced

Earlier this year, Li-Ning Huang, Senior Manager of Fannie Mae’s Business Strategy Economic & Strategic Research reported that 40-50% of Borrowers Have Not Refinanced.

The fact that many Americans have not refinanced, and mortgage rates remain at historic low level, tells us it’s not too late to take advantage of what could be an opportunity of a lifetime.

But as most good things come to an end, so will the opportunity to purchase a home or refinance at these mortgage rates.

You Can Refinance Later, But Expect Higher Interest Rates

Mortgage rates are projected to increase over the next couple of years, as the housing market continues to recover. We may not see these low mortgage rates again, at least for a very long time.

If you are thinking about purchasing a home or refinancing, today’s mortgage rates could present an opportunity of a lifetime. The good news is that it can be very easy to take advantage of this historic low rates, and save money every month on your mortgage payment.

It’s Easy to Take Advantage of Historic Low Mortgage Rates

As a top-rated Mortgage Broker, Marimark Mortgage works very hard to simplify the mortgage process.

Ryan Schulze, a Broker Associate with Keller Williams, recently wrote this about the work we did for one of his real estate clients:

I want you to know that VERY FEW people impress me in this business. Most are filled with lazy, rude, part timers that I constantly have to chase around. I am sure you know EXACTLY what I mean.

Please tell Mary that you guys have done an OUTSTANDING job. I am truly impressed. I close about 125 deals a year for about 16 to 17 million so I deal with A LOT of lenders and you are in the top 2.

Thank you for an outstanding job.

If you are thinking about purchasing a home or refinancing, please consider giving us an opportunity to win your business. We would consider it an honor to help you reach your goals, and live in the home of your dreams.

Opt In Image
Stay Informed, It's Your Money
Marimark Mortgage Newsletter

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.

We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.

Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.

Thank you for signing up!

Filed Under: Refinance Tagged With: Mortgage, refinance

Opinions, estimates, forecasts and other views contained in this page do not necessarily represent the views of Marimark Mortgage or its management and should not be construed as an offer to provide financing at the rates or terms mentioned. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval. Although Marimark Mortgage attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. Information from this page may be used with proper attribution.

Save with a Mortgage from Marimark

Whether you are buying a home or refinancing, you can save with a mortgage from Marimark Mortgage!



    Search

    Post Categories

    Testimonials

    Refinancing with Mary an absolute pleasure

     
    Refinancing with Mary has been an absolute pleasure. I have never been through the process before and she took the time to explain each step. She was prompt (had a rate locked in right away) and most importantly always answered the phone or emails almost immediately! The communication line alone made the refinancing process every bit worth it. Would recommend to anyone, and will be back for any future purchases! Bret Brennan, March 2021
    See More Reviews
    Marimark Mortgage LLC
    5327 Primrose Lake Circle
    Tampa, FL 33647-1328
    (813) 910-8020
    (866) 910-8020

    Accessibility
    Privacy Policy
    Terms of Service
    Sitemap

    Reviews

    Website Testimonials
    Google Reviews
    Zillow Reviews
    Trulia Reviews
    Facebook Reviews
    Yelp Reviews
    BBB A+ Rating

    FOLLOW US

    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    Marimark Mortgage is a BBB A+ Accredited Business

    Recent Posts

    • Dan Underwood: Home Loan Process | Would Use Marimark Mortgage Over and Again
    • Why are there often big differences between interest rates quoted online?
    • Advantages and Disadvantages of an FHA Home Mortgage
    • 6 Tips To Get The Lowest Mortgage Rate
    • Why Might You Need an Appraisal? How Do Appraisals Work?

    © 2022 Marimark Mortgage, LLC All Rights Reserved. | Internet Marketing by Image Building Media. | RSS Feed

    Reviews / Recommendations: Google, Zillow, Trulia, LinkedIn, Facebook, Yelp, BBB

    Licensed in Florida by the Office of Financial Regulation, Mortgage Lender License #MLD77.
    Licensed in Virginia by the Virginia State Corporation Commission, License MC#4556.
    Licensed in Pennsylvania by the Department of Banking and Securities, License #40222.
    NMLS#248318 – www.nmlsconsumeraccess.org.