This is the time of year many people are beginning to make plans for buying a new home – while a low interest rate on their current mortgage may be a deterrent, this month’s “Timely Topic” highlights the fact that many homeowners have significant equity in their current homes and a low rate mortgage is only one part of their overall financial picture. In the current market, pulling the trigger on a move-up purchase that has been on the back burner for the last 2-3 years might be the right move for both their mental health AND their financial health. If you’d like to discuss the particulars or incorporate this material into your own communication programs, don’t hesitate to reach out.
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