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Do you think you waited to long to refinance your Adustable rate mortgage?

Many home owners refinanced their homes 2-3 years ago based on lowered interest rates. Instead of getting a long term fixed rate solution, they opted for a quick fix and chose a 2-3 year adjusting rate mortgage. At that time a lot of home owners took cash out of there properties, but didn't not consolidate any debt.

In the last 4-6 months these same home owners are seeing their erroneous actions. The debt that was not paid off through a refinance or paying the principle down has grown and now their mortgage payment is adjusting with the current higher interest rates.

These two factors in combination are the cause of many home owners in the position of losing their life long investment. I have helped many of these home owners stop this cycle by consolidating revolving debt and lowering their monthly out go.

If you would like a Mortgage consultation contact Gary Martin Toll Free at (866) 892-9259
or fill out a confidential online application at http://www.inneedofaloan.com



This post first appeared on California Mortgage Advisor, please read the originial post: here

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Do you think you waited to long to refinance your Adustable rate mortgage?

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