Interest rates fluctuate as changes occur in the general economy. If you purchased your home when interest rates were higher, you may want to consider re-financing your loan at a lower rate.

You will have to apply for the new mortgage and have your current income eligibility assessed. Depending on how long you have had your present loan, a current appraisal may be required. There are closing costs, such as attorney, title fees, recording and notary fees, and appraisal charges. The biggest factor in your decision should be the length of time you plan to remain in your home. If you will be there for only a year or two more, it might not pay to re-finance. If you will be in your home longer, re-financing could provide you with lower mortgage payments. Your real estate agent can help you work out the numbers and can refer you to reputable home appraisers and mortgage lenders.

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Doug & Sherry Lawrence
Prudential Realty Center
1315 Taft Highway
Signal Mountain, TN 37377
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Fax: 423-598-7398
Doug's Cell: 423-802-2014
Sherry's Cell: 423-838-5011
Office: 423-886-2601 ext. 216
Chattanooga Home Finders: DougandSherry@NUMBER1EXPERT.com
Sherry's Direct: dslawren@ix.netcom.com
Doug's Direct: douglawrence@ix.netcom.com
Sherry's Office Email : slawrence@realtycenter.com
Doug's Office Emal: dlawrence@realtycenter.com

Licensed in Tennessee and Georgia, and serving Hamilton County, Chattanooga, Signal Mountain, Ooltewah, Lookout Mountain, Red Bank, East Ridge, Brainerd and East Brainerd, Soddy Daisy, Hixson, Tiftonia, Marion County, Bradley County, and North Georgia, The Lawrence’s have assembled a highly professional and experienced 9 member team to help with a dynamic and growing Residential, Land, and Commercial Real Estate business. Our Team Concept creates a tremendous synergy for our clients and serves to make sure a Lawrence Team member is always available to help you when you need them! Our goal is always the same - to be sure all your needs are met and your expectations exceeded! For Buyers - To find the right home, in the right location, and at the right price! For Sellers - To professionally market your home, to the right audience, for the right price, with fast and effective results. And, for those Business Professionals who are charged with making certain that their employees Real Estate needs are professionally managed, we, along with our Real Estate Team, and our Mortgage and Insurance Professionals, promise to make sure every step of the home buying or home selling service exceeds your expectations!

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