These challenging times may come with a hidden opportunity: The current economic downturn prompted an unprecedented response from the Federal Reserve, which resulted in lower mortgage rates. Learn more about mortgage refinancing and its potential benefits.
Duration: 13:22 min
For additional financial education resources for homeowners, visit our Financial Education Center.
Disclosures:
This is not a commitment to make a mortgage loan. Actual loan qualification is subject to income and credit verification along with property approval and other factors. Refinancing to reduce the total monthly payment may lengthen the term or increase the total interest expense. Rates and terms are subject to change without notice.
This presentation is for informational purposes only. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. Please consult with the professionals of your choice to discuss your situation.
The COVID-19 pandemic and the response to it continue to changes rapidly. It’s important to ensure your decisions are based upon the most up-to-date information available.
Equal Housing Lender. © 2020 M&T Bank Member FDIC NMLS#381076
