Interested in tapping your home for cash? Well you aren’t alone.

Realtor.com says rising home prices are piquing borrowers’ interests in the idea. One of the products that allows borrowers to spend the windfall of home ownership is cash-out mortgage refinances, and they are once again becoming popular. The growing confidence shows homeowners have money to spend, which could naturally be a benefit to the U.S. economy.

Read the rest of the story.

This is certainly true in Dallas-Fort Worth. At First United we have seen an uptick in cash-out mortgage refinances. We’d love to talk with you if you’re interested in one!

Give us a call for a free consultation: 972-369-6913.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: