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