“Dear reader, if it feels like a trap, you’re already in one…”

Wise words from Taylor Swift.

I was recently talking to a client who is currently in a low-rate, no-frills, basic product. While these options may seem great at the time with a rate a few points lower than other products, they come at a cost down the road. Some have a clause that you must sell your home to get out. Some have high fees to switch to another lender or refinance. Long-term, it may feel like you’re trapped.

If you find yourself in a similar situation, “you should find another guiding light” for your mortgage needs. Let me know if you want to talk.