{"id":26,"date":"2026-09-30T17:00:00","date_gmt":"2026-09-30T17:00:00","guid":{"rendered":"https:\/\/www.juliemortgageteam.com\/blog\/?p=26"},"modified":"2026-09-30T17:00:00","modified_gmt":"2026-09-30T17:00:00","slug":"one-mortgage-question-could-save-23-8k","status":"publish","type":"post","link":"https:\/\/www.juliemortgageteam.com\/blog\/2026\/09\/30\/one-mortgage-question-could-save-23-8k\/","title":{"rendered":"One Mortgage Question Could Save $23.8K"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/julie-settlemire\/ask-mortgage-save-remotion-videos-0a0c\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Did you know that a single mortgage question could potentially save you $23,800 over the life of your loan? In a review of 3.2 million 2025 mortgages, US borrowers age 55 and up who refinanced often ended up paying about 1 percentage point more than what was available to similar borrowers. That added up to roughly $2,400 extra a year\u2014nearly $19,000 over eight years. More than 80% of these borrowers landed in loans that cost more than necessary. For example, on a $197,000 mortgage balance, the monthly payment could vary by $135 between a competitive low-7% refinance and a higher near-8% rate.<\/p>\n<p>What\u2019s behind these numbers? Convenience, familiarity, and the urgency created by cold calls and promises to skip a payment. I see these pressure points all the time, especially among clients who feel rushed or overwhelmed. The best advice: always request at least three Loan Estimates, compare APRs and origination charges, carefully review your Closing Disclosure, and remember you have a 3-day window to reconsider after closing.<\/p>\n<p>Whether you\u2019re refinancing in Tennessee, Alabama, or North Carolina, I believe clarity and confidence are key to making smart mortgage choices\u2014especially for borrowers navigating unique situations like self-employment, VA loans, or complex refinances. Your story deserves a loan that fits, not just a quick pitch.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that a single mortgage question could potentially save you $23,800 over the life of your loan? In a review of 3.2 million 2025 mortgages, US borrowers age 55 and up who refinanced often ended up paying about 1 percentage point more than what was available to similar borrowers. That added up to [&hellip;]<\/p>\n","protected":false},"author":199,"featured_media":27,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/users\/199"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":1,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"predecessor-version":[{"id":28,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/posts\/26\/revisions\/28"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/media\/27"}],"wp:attachment":[{"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliemortgageteam.com\/blog\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}