Mitchell Trusted Homes
12/28/2023
When home Buying/Selling this year make sure you are working with someone you trust.
09/12/2023
Are you holding onto your house 🏠 that your family👨👩👧👦
has outgrown🪈 because you have a 3.2% interest rate? I get it. That's a good rate to have,
but are you really only paying 3.2% in interest
though?
Your car🚘 loan rate is at 4.75%
The three credit card🪪 rates are in the mid 20's..
Average those all out and your true monthly
interest rate is in the 9.00's range.😳
You only owe 150k on the too small/big home🏡 and thanks to
appreciation it's worth over 300k.
A possible solution is for you to sell the house,
🏡 pay off the high interest rate debts with the
proceeds, put some money💰 in the savings
account and get into the right house for you
and your family👨👩👦👦
I'd rather have my monthly payments 💸 tied up in
an appreciating asset like a home,🏡 rather than
cars car 🚘and credit cards.🪪
It might make financial sense
Any questions about your specific case DM or call or email. I would be glad to help.
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13731 Fm 1097 Road Suite 600
Willis, TX
77318