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Pete Phillippe, Loan Officer and old wizened one, of Princeton Capital, Joins us to discuss Interest rates,Paying your Home off Quickly and Qualifying!

 

Long time guest and friend of the Real Estate Hour, Pete Phillippe of Princeton Capital, will join us to discuss options which super low interest rates offer the consumer. With rates THIS low (3.25%) a homeowner refinancing may consider saving money while retaining a 30 year  amortized loan or choosing to opt for a SHORTER Amortization schedule be it a 15 or even 10 year loan. One would argue that at 3.25% it’s just cheaper to KEEP the loan at that rate. Why rapidly pay-off a 3.25% loan when you could use the money for reducing say, credit card debt, college debt, etc. MUCH higher consumer credit rates and keep the home rate low and affordable. These questions PLUS MORE!!

Pete’s contact information: 707-829-7490 Direct or 707-481-2737 Cell.  peterphillippe@princetoncap.com

 

 

 

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