While gone on vacation, I returned to the awesome news that the Federal Reserve dropped the prime rate by .25%. What does this mean to you? Mortgage Rates have hit a 3 year low and now couldn't be a better time to consider a refinance to remove mortgage insurance, pay off debts, or reduce the term of your loan from 30 years to 20 or even 15. In this episode I explain how all of this is possible and where the mortgage industry is today.

How do you get through to Mom? Email is a fantastic way to get through to the Mortgage Mom! Debbie@MortgageMomRadio.com Text messages and phone calls are great too! Do you know how to contact us? Text the word "MOM" to 474747 or give us a call 844-935-3634!

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Debbie Marcoux is Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, CA-DBO237926, AZ-0941504, TN 184373, TX