The Federal Reserve has decreased interest rates in an effort to stimulate economic growth. What does that mean for Pompano Beach homeowners?
Now is a great time to secure a mortgage to buy a home or refinance your current mortgage.
These historically low-interest rates won’t stay low forever. In fact, rates are expected to increase by the end of the summer of 2021.
Contact Ace Mortgage to take advantage of reduced Pompano Beach mortgages. With 25 years of industry experience, we have made it our mission to build relationships and understand the unique needs of our clients. Contact us today for our quality mortgage services.
Time to buy a home in Pompano Beach.
Most prospective homeowners must secure a mortgage before buying a home. Essentially, a mortgage is a loan that helps you purchase your desired home without having to make an upfront payment. Once you get a loan, you must then make monthly payments to pay off your loan term, which generally takes 30 years.
If you’re looking to buy a home in this city, that’s a wise choice. Here at Ace Mortgage, we have helped countless individuals buy their dream homes.
With a beach strip that’s over three miles long, plenty of opportunities to scuba/snorkel and explore aquatic depths, and the opportunity to visit the country’s very first butterfly house – who wouldn’t want to move here?
We haven’t even begun to talk about the many waterfront properties available for homebuyers, from modest condos to luxury homes.
Now the question is, why would you buy a home now?
The answer is simple: low mortgage rates.
At Ace Mortgage, we’ll help you take advantage of these low Pompano Beach mortgages to experience lower monthly payments.
Refinance your Pompano Beach home before it’s too late!
If you purchased your home when interest rates were high, you can refinance your Pompano Beach mortgage and save thousands annually. It’s advised that you refinance your mortgage if the current mortgage you’re paying is one percent higher than the new mortgage rate.
If you bought your home as recently as 2010, your mortgage rate is likely 4.6% or higher. Today’s rate is 3%. If you had the opportunity to enjoy all this city has to offer, from exploring contemporary art centers to strolling Harbor’s Edge Park during sunset, while also paying smaller monthly mortgage payments, wouldn’t you take it?
If you have answered yes, the friendly staff at Ace Mortgage Loan Corp is available to get the refinancing process started. While banks and financial institutions can make it difficult to refinance or secure a mortgage, we stake our reputation on our quality mortgage loan services.
Contact Ace Mortgage
Why do so many residents here contact Ace Mortgage when they want to secure their first or second loan?
We have deep roots in the beautiful city of Pompano Beach. We are located on Sample Road, and many of our mortgage lenders live here.
We have helped clients here and throughout South Florida with their Pompano Beach mortgages – let us help you. Contact Ace Mortgage or call at (954) 371-2165.