By The Dream Digs Team, April 21, 2020
Is now a good time to refinance? We asked the best in the biz!
Aaron Nawrocki with Capital M Lending is a master at his craft and we’ve been working with him since the inception of our business. Aaron can be reached at 503-445-9525, or email him at aaron@capitalmlending.com.
Here is what Aaron has to say:
“I’d say just that if you’re paying over 4.25% in interest, it would be good to reach out to your lender of choice and have him/her run numbers to see what the monthly savings and one-time costs would be. It’s worth looking at for sure.”
Hillary Seiler with Umpqua Bank is our go to for ADU construction, new builds, and home remodels. She is very creative and will work hard for you. Hillary can be reached at 503-804-4460, or email her at hillaryseiler@umpquabank.com.
Here is what Hillary has to say:
“Now is a great time to look into your refinance options. The Federal Reserve has lowered their lending rate to banks which in turn lowered mortgage rates again! The rates range in the low to mid 3’s (changing daily). If you are interested in refinancing to lower your payment, cash-out on your existing equity to do a renovation, home project or simply pay down debt, now is a great time to look at your options and see what might work for you.”
Steph Noble with Guild Mortgage is beloved by many customers and real estate agents alike. She is a frequent speaker at real estate sales meetings and educates us on mortgage market. Steph can be reached at (503) 528-9800, or email her atsnoble@guildmortgage.net.
Here is what Steph has to say:
“I do think refinancing now is a great option. There are a couple of benefits depending on each situation.
A new 30 year fixed rate loan can reduce monthly payments and help any homeowners who want to ensure monthly obligations are as low as possible. Especially important if they forsee any changes to income or employment due to COVID19.
For homeowners without concerns related to income and employment I’m LOVING the 20 year loan. The rates on that have been about the same (and in some cases LOWER) than the 15 year loan. Most clients I’ve worked with have an increase in payment that is manageable and yet the interest savings are massive.
Lastly – refinancing now to get cash out for home improvements or to pay off other debt is another sweet spot for some clients. There are several peeps I’ve been working with who have projects in mind for after COVID19 restrictions are lifted. They are getting the funds they need now for their project since the rates are low.”
Want to find out more-reach out to the lenders above or give us a call today.
About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.
THE DREAM DIGS TEAM
Aryne + Dulcinea, Earth Advantage Principal Broker | Earth Advantage Broker | ADU Specialists | OR
The Dream Digs Team are full-service, high-producing agents, who know how to navigate the unique challenges facing the Portland real estate market. The secret to their success lies in their professionalism and complementary skill sets. In 2012, Aryne + Dulcinea seized the opportunity to combine their creative and technical acumen to create a values-driven, client-driven team unlike any other. We are expert negotiators and project managers with a strong background in creative marketing. The Dream Digs Team are fierce advocates for our clients.
Our passion for real estate is connected to our commitment to the Portland way of life - a dedication to sustainability and appreciation for all things local. As Earth Advantage Brokers and ADU Certified Specialists, our team is savvy in all aspects of alternative living practices from versatile housing additions, green building practices, and revenue-generating strategies. Whether you’re looking to buy or sell, The Dream Digs Team will work in collaboration to guide you in investing in your future and reaching your real estate goals.
Dedicated to serving buyers and sellers with expertise, enthusiasm, and attention to detail, Aryne adeptly navigates the Portland real estate market. Licensed since 2005, she honors our clients' wants and needs using her sharp negotiating skills and professional know-how to achieve the best results for everyone she serves. Aryne loves the Pacific Northwest! Outside of work, she enjoys hanging out with her husband, listening to music, going on road trips, and talking about everything under the sun. She looks forward to visiting her grown-up kids at college and watching them succeed in all their endeavors. She loves yoga, hiking, dinner parties, podcasts, and embracing all that Portland offers.
Dulcinea thrives on working with clients with a range of real estate goals. Born and raised in Oregon, Dulcinea comes to real estate with a background in design and education. She is an award-winning professional and a steadfast advocate when working for our clients. She has a keen eye for preparing properties for listing and finding properties that best serve our buyers' objectives. Licensed since 2013, Dulcinea works in and around Portland. She is the mother of two and wife to her high school sweetie. In her free time, she stays busy with her family, traveling, creating community, cooking, gardening, making art, exploring, and dreaming big!
Click here to get to know Aryne + Dulcinea!- T: 503-380-5124
- aryne@livingroomre.com
