Podcast: Play in new window | Download (Duration: 14:56 — 27.8MB) | Embed

Subscribe: Apple Podcasts | Android | Email | RSS | More

On October 30th, 2019, the Federal Reserve reduced the prime rate once again by .25%.

• What does this mean to you?
• Are you currently in the middle of a refinance and wondering if you will now receive a better interest rate?
• Who will benefit from the rate cut?

Spoiler, if you have a home equity line of credit or credit card debt that you are carrying balances on, you will see a slightly lower minimum payment next month.

What more is in store with this change?

How do you get through to Mom? Email is a fantastic way to get through to the Mortgage Mom, debbie@mortgagemomradio.com. Text messages and phone calls are great too! Do you know how to contact us? Text the word “MOM” to 474747 or give us a call 844-935-3634!

Download our Phone App loaded with every mortgage tool that you could need, and last but not least, watch our Homebuyer Workshop Series on YouTube!

Debbie Marcoux is Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, CA-DBO237926, AZ-0941504, TN 184373, TX