11/04/2025
Seeing those “Refinance at 4.99%!” ads everywhere?
Take a breath… and read the fine print first. 👀
The Fed cut rates, so every lender and call-center in America is blasting out shiny offers that look too good to ignore. But here’s the truth:
That 4.99% is usually based on perfect credit, big equity, and a loan size that fits their marketing—not your life. It looks good on paper, but rarely matches real scenarios for real families.
I had a past client call me about one of those mailers. On the surface, it looked like a “no-brainer.” But once we ran the actual numbers, the picture changed fast:
They had used down-payment assistance and didn’t have much equity yet… refinancing would’ve added debt and barely lowered their monthly payment.
Zero benefit. All risk. And a lot of people fall for it because it sounds like a deal.
👉 The lowest rate doesn’t matter if it doesn’t make financial sense for you.
If you bought a home in the last 2–3 years, there may be smart opportunities coming—just make sure you’re talking to someone who’s local, honest, and looking out for your long-term win… not a call-center script reader paid to sell you a refinance.
We live here. We spend here. We care about our community—your home, your equity, and your wallet.
If you don’t have a trusted local contact, ask your realtor, a friend… or message me directly. I’ll give you the truth, not a sales pitch.
www.mortgagebytravis.com
