Contact us today to learn more at 203-762-0550 or visit us at www.countryclubhomesinc.com.A recent drop in mortgage interest rates has led homeowners throughout New England to take advantage of refinancing opportunities. They are benefiting from lower rates and the chance to cash-out the equity in their homes. Cash-out refinancings have increased to 28 of all refinancing loans, an increase from 14% just a year ago.
A cash-out refinancing may give you the funds necessary to bring your renovation dreams to life. Perhaps the money you receive from the cash-out option can be put toward:
- Gourmet kitchens The kitchen is often the busiest room in the house and you could benefit from increased work space, more storage, and top-of-the-line appliances.
- Upgraded bathrooms Radiant flooring, spa amenities, and custom storage may be just what you're needing in the master bathroom to help create a space you want to escape to.
- Home additions A home addition may be the perfect way to spend your cash-out funds if your family is in need of additional space. Consider adding a bonus room, in-law quarters, or a separate wing to be used specifically for your home business.
At Country Club Homes we have years of experience with home renovation projects. Contact us today to learn more.