A DEBT CONSOLIDATION MORTGAGE
Rita Cousins Senior Mortgage Advisor • August 12, 2019
The solution to high interest credit payments
What Is a Debt Consolidation Mortgage?
A debt consolidation mortgage is when you refinance your mortgage to incorporate all your high interest debts into one payment – your mortgage!
Debt Consolidation Benefits
- A much lower monthly interest rate that all your debts will now fall under
- Lower monthly payments
- The comfort and convenience of making only one monthly payment.
- Improved credit score from making all your payments on time.
*With mortgage amortized over 20 years
**With the same 20-year amortization and adding $5,000 for an early repayment penalty.
***Rate subject to change
Now all that’s left is to figure out precisely which solution is best for you, and wipe out all those high interest payments. You already have the mortgage, so if you also have some high interest debt you’d love to unload...

In this video, I break down the latest stats for detached homes, townhomes, and condos, and share what's ahead for the fall market. Find out where the best opportunities are right now, especially for first-time buyers! Market Highlights: Sales down 36% from 10-year average Detached homes showing the sharpest price declines Townhomes holding relatively steady Condos offering big opportunities for first-time buyers Important Links: Book a call to discuss your real estate goals: https://rly.forsale/Chat-with-Andy Want the full detailed stats report? Video Chapters: 0:00 Welcome & August Market Summary 1:15 Key Fraser Valley Real Estate Stats 3:05 Months of Inventory Breakdown 4:05 Fraser Valley Home Price Index 4:56 Langley Market & Condos for First-Time Buyers 6:44 Open Houses & Featured Properties 9:32 Community Events (Willoughby Days & Cruise-In) 11:59 Fall Market Outlook My Website: www.AndytheRealtor.com Contact Me: 778.835.8957 [email protected]