Given that the average credit card interest rate is 15 percent, and the average home gains as much as $15,000 a year in equity annually, quite often it makes sense to take some of the equity from your home and pay down some of your high-interest debts, it often makes sense to do so. Newport Beach Consulting knows that mortgage interest rates still hover around 4 percent, which will represent a significant saving on most other types of debt.
Though interest rates have been inching up lately, there is still time to consolidate high interest debt into mortgage debt at much lower interest rates. Those companies who rely on Newport Beach Consulting (NBC) for leads know all this, as do the folks at NBC. They are highly skilled and they can show almost any homeowner how to use a mortgage to pay off their high interest debt and make monthly payments they can afford, at the lower mortgage interest rate. Comments are closed.
|