Here is  the mortgage advice from today's show.
1.       Refinance and get rid of your private mortgage insurance.
a.       When you first bought your home, you probably didn’t have 20% down.  If that is the case then you are probably paying PMI.  With recent increases in value in the Bismarck-Mandan area you may be able to refinance, lower your rate, and reduce your payment by getting rid  of PMI
2.       Get Dave Ramsey on it and go debt free.
a.       Because rates are so low, now maybe the time to refinance to a 15 year mortgage and save tons of interest and pay your home off in 15 short years.  Call Cornerstone Bank to see if you could pay off your mortgage and be debt free by using today’s lower interest rates.
3.       Consolidate debt and do home improvements.
a.       Today’s low interest rates could help give you some budget relief.  Pay off debt and lower your payments with a refinance, or use the low rates to get the cash you need to improve your home.
                   Cornerstone Bank
   First Time Homebuyer Champions
cid:9C3020A1-A83C-4B5D-ABCB-27ED6B4E8995
Joe Sheehan
NMLS ID: 491582
Vice President of Mortgage Operations
Cornerstone Bank
(701)355-4663
(701)400-3926 Fax: (701) 355-1175