Mortgage Architects™

Gale Tracey AMP

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February 2011...Refinance Alert! Act before March 18.

New mortgage rules come into effect on March 18, which means you will no longer be able to refinance to 90% loan to value. Refinances will only be allowed to 85% LTV. We have helped many clients over the years refinance to roll their high interest debt into a lower mortgage rate, a strategy used to save thousands in interest, lower monthly payments to ease cash flow, and help you become debt free faster. This is often the most necessary in February when those holiday bills come home to roost! If you want to put an end to your wealth-killing debt, contact us today and take advantage of this window of opportunity to get a fresh start on your finances. We will prepare an analysis to see if you can benefit and by how much. This change also applies if you want to refinance to pay for renovations, buy an investment or vacation property, purchase investments, or for other large expenses like post secondary education.

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