Last Chance for Historically Low Interest Rates!
With the Federal Reserve recently raising rates, mortgage rates will soon begin to rise. If you’re looking for a new home or you want to refinance your existing mortgage to lower your payments – now is the time!
Ready to Buy?
Despite home values continuing to rise, now is a great time to buy. With rates at near record lows, you can lock in these low rates today for up to 30 years!
Yes, home values will continue to fluctuate, but your interest rate will remain the same for the life of your loan with a fixed-rate mortgage.
Ready to Refinance?
Take advantage of today’s low rates to pay off your mortgage faster or reduce your monthly payments. Here’s three ways to save by refinancing your existing mortgage:
- Record-Low Interest Rates: While a 1% decrease in your interest rate may not sound significant, when you consider the cost of your home and the life of your mortgage, your savings could easily be in the tens of thousands of dollars.
- Adjust Your Term: With a lower rate, you may be able to shorten your mortgage term and keep your payments relatively the same. Or you could extend your term and lower your monthly payment for more immediate savings.
- Switch Your Loan Type: If you have an adjustable-rate mortgage (ARM), now’s the best time to switch to a FIXED rate mortgage and lock-in record-low rates. It’s crucial you do this before your next rate adjustment.
Don’t let this opportunity pass you up! Our mortgage specialists do not earn commissions - meaning we only act in your best interest. And we’re available to answer all your questions and walk you through the entire process.
PLUS, get up to $2,000 towards Closing Costs!*
Lock in today’s low rates and get up to $2,000 towards your closing costs. To speak with a Mortgage Specialist, call 813.264.4969 or 800.782.4899 or visit any branch location. If you’re ready to apply, visit our Mortgage Center online.
*This is not an offer to extend consumer credit as defined by Section 1026.2 of Regulation Z. Not valid with any other offer. Tampa Postal FCU will pay up to $2,000 on closing costs towards the origination fee of the approved Conventional 1st Mortgage loan financed with the Credit Union between March 1, 2022 – May 31, 2022. Tampa Postal FCU NMLS 411052 offers home loans by partnership with CU Members Mortgage a division of Colonial Savings, F.A. NMLS 401285. Promotional offer does not apply to 1st mortgages currently financed with the credit union. Restrictions apply. Contact Credit Union for complete details.