Fort Lauderdale Refinance Experts The Federal Housing Authority did an about-face on its plans to tack on a 0.5% “adverse market fee” that was set to go into effect September 1. Now, they have rolled that back to December 1. This leaves the window wide open for those borrowers who would like to take advance to today’s historic low interest rates. After facing some intense push-back from trade groups and industries, including the National Association of Realtors® and the Mortgage Bankers Association, the Federal Housing Finance Agency has agreed to delay implementing the fee for three months. What does that mean to a borrower who has been waiting to jump on the refinance bandwagon?If you’re able to qualify, refinancing right now during these unprecedented low rates will allow you to take advantage of equity, lower payments, pay off debt..the possibilities are compelling. Refinancing your home at these historically low rates can make a huge difference in your payments over the life of your loan. But because the volume of refinance applications will most likely spike, it’s important to take advantage of this quickly. With today’s rates, a refinance may just make sense. But any mortgage financing is still a big investment and deserves a smart and thoughtful strategy. Florida State Mortgage Group, Inc. 1512 E Broward Blvd #204A, Fort Lauderdale, FL 33301 (954) 359-3000 Mon-Fri 9am-5:30pm Sat:10am-3pm Sun:10am-2pm https://www.google.com/maps?cid=5464149498827190981