Benefits of refinancing your mortgage!

"The tips were broken down by Timely Home’s lead broker Barbara Giamalis, who explained the benefits of refinancing.

“Although refinancing isn’t as robust as last year, many consumers are still pursuing it to secure the best rates. Individuals under financial pressure are actively seeking savings opportunities as borrowers anticipate potential interest rate cuts next year,” said Giamalis.

“People coming off fixed rates from two years ago are experiencing a significant jump from around 1.9 percent to 6 percent. As a result, many are looking to refinance to obtain a better rate than what they’ve been offered.”

Thinking of adding property investment to your holiday wishlist? 🎄🛍️ Now might be the perfect time to unwrap the opportunities waiting for you!

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Wishing you all a season filled with joy and smart financial moves! Make this season the start of your wealth-building journey! 🌟

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