September 21st, 2018
What’s the key to the current refinance market? Leverage.
A new study by LendingTree found that by this holiday season, non-mortgage consumer debt will hit the $4 trillion mark. Auto loans, student loans, and credit card debt are some of the main culprits of the massive increase. With the quickly growing amount of equity we’re seeing across the country, many people may be in a great position to leverage their equity and debt to reduce payments, terms, interest, and stress through a refi.