Just a reminder that rates typically edge up in the Spring and go down in Winter. We just locked 4.375% on a 30 year fixed (this is not an offer). This is still higher then the 3.25% 30 year fixed we locked someone into back about 5 years, but it's also lower then the near 5% rates we saw last year (for a 30 year fixed).
Remember, new HELOCs are no longer tax deductible. But cashout refinances are more then likely (depending on your tax status). ADRMortgage.com does cashout refinances. Rates are generally about 5/100ths of 1% higher for a cashout refinance. Gone are the days of high cost cash outs. HELOCs are now about 2% higher then standard 30 year fixed rates.
Call us to do a general home mortgage checkup. We're here to help, with zero BBB complaints ever to date and counting.
Andy May 919 771 3379