Lately allot of people have been asking when is the right time to refinance their current mortgage and what type of mortgage should they get. From the conversations I have had recently, most people would love a one line answer. If i did give them a one line answer, I wouldn’t be doing my job. So i begin by asking them a few important questions such as, what kind of mortgage do you currently have now, why do you want to refinance and how long do you plan on staying in your current home? From there it can go a few different ways. If you plan on staying in your home more than 3 years less than 7 you should get what is called an ARM loan Fixed for 5-7 years. If you plan on staying in the home for over 7 years then a 30 year fixed mortgage might be the way to go. You can also get interest only payments to lower your monthly expenses to help keep the housing expenses in line and stress down.

There are allot of factors that need to be laid out on the table to get a better understanding of what is best for everyone. Some of those factors are income, debt, and retirement planning goals. I want to make sure you get the proper mortgage and that you enjoy your home and don’t feel as if it is a burden on your life style or pocket.

For more detailed information on different mortgages or to ask me a question please visit me at Florida Mortgage Financial Group

Many of us start our day making a list of all the things we need to accomplish. I certainly do, well i make a new list at the end of the previous day so i don’t forget anything and then add it in the morning.

There is another list we all have and we usually never write it down remember what every little thing is on it. Well leave that to technology. A friend of mine named Neale introduced me to a website called 43 Things it is a site where you can add things to your list that you want to accomplish. You can add things like read more or exercise more or anything your little heart desires.

It even has a place for you to add places you would like to go and a place for you to add people you would like to meet. I highly recommend you stop by the site and check it out. Be careful though, once you start, you wont be able to stop. Don’t forget to let me know about your list if you decide to make one.