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While gone on vacation, I returned to the awesome news that the Federal Reserve dropped the prime rate by .25%. What does this mean to you? Mortgage Rates have hit a 3 year low and now couldn’t be a better time to consider a refinance to remove mortgage insurance, pay off debts, or reduce the term of your loan from 30 years to 20 or even 15. In this episode I explain how all of this is possible and where the mortgage industry is today.

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 weekly 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