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July 2021

2% Mortgages!

  I never thought I’d see it, but 2% for mortgages? Hi, my name is Paul Carroll. I’m the CEO and founder of Avion Wealth, a boutique wealth management firm here in South Texas. So I’ve got a resource and I’m not a paid mortgage broker, I have no financial interest in this, who told me yesterday that they’re offering 2% mortgages for conforming loans in excess of $250,000 and 2.59% for jumbos. A little bit more information, this is a 15-year fixed rate. But what I discovered when I actually refinanced my condo recently, is these drops are so significant that if you’re over 3% now, you may find that your monthly payment does not increase very significantly, while shaving up to 15 years off the maturity of your mortgage. So it’s quite a deal. If you’d like more information, you’re one of my clients, go ahead and call…

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