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Capitola Refinance Information - Deciding to Refinance

Traditionally, the decision on whether or not to refinance your Capitola home has meant balancing the savings of a lower monthly payment against the costs of refinancing. But in recent years, companies have introduced "no cost" and low-cost refinancing packages that minimize or completely eliminate the out-of-pocket expenses of refinancing in Capitola. (These refinancing packages compensate with a higher interest rate, or by including some of the costs in the amount that is financed.) With traditional refinancing, the most often cited rule-of-thumb is that the interest rate for your new mortgage must be about 2 percentage points below the rate of your current mortgage for refinancing to make sense. However, with the newer low- and no-cost refinancing programs, it can be worth your while to refinance to obtain a smaller reduction in interest rates. How long you expect to stay in your Capitola home is also a factor to consider. If you'll be moving in just a few years, the month-to-month savings may never add up to the costs that are involved in refinancing your Capitola home.

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Additional Capitola Refinance Information


santa clara county

campbell cupertino gilroy los altos los altos hills
milpitas morgan hill palo alto san martin mountain view
santa clara saratoga stanford sunnyvale los gatos mtns
los gatos san jose monte sereno blossom valley west san jose
cambrian evergreen east valley almaden valley central san jose
santa teresa willow glen north valley south san jose

san mateo county

atherton belmont brisbane burlingame daly city
colma hillsborough foster city el granada east palo alto
la honda loma mar menlo park millbrae half moon bay
montara moss beach pacifica pescadoro portola valley
san bruno san carlos san gregorio san mateo redwood shores
woodside redwood city south san francisco

santa cruz county

capitola scotts valley soquel watsonville bonny doon
davenport north coast freedom corralitos la selva beach
aptos rio del mar seacliff ben lomond san lorenzo valley
brookdale boulder creek felton live oak lompico-zayante
santa cruz

monterey county

carmel carmel valley del ray oaks fort ord marina
monterey pacific grove pebble beach salinas seaside
aromas castroville carmel highlands prunedale big sur
spreckles toro park corral de tierra chualar gonzales
greenfield king city soledad

san benito county

hollister tres pinos dunneville paicines new idria
san juan bautista

san francisco county

north beach nob hill excelsior bayview inner mission
lakeshore noe valley pacific heights richmond presidio
parkside sunset diamond heights

alameda county

alameda albany berkeley dublin castro valley
emeryville fremont hayward livermore newark
oakland piedmont pleasanton san leandro san lorenzo
sunol union city

contra costa county

alamo antioch bay point bethel island byron
knightsen blackhawk brentwood clayton concord
clyde crockett port costa danville diablo
discovery bay el cerrito el sobrante hercules lafayette
martinez pacheco moraga oakley orinda
pinole pittsburg richmond pleasant hill rodeo
rossmoor san pablo san ramon walnut creek
 
 
California Mortgage | Capitola 650.377.0222 | License # 01344525
777 Mariners Island Blvd. Suite 125, San Mateo, CA 94404
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Additional Capitola Information:
Just a few miles south of Santa Cruz on historic highway 1, you’ll find the laid-back beach town of Capitola. Capitola was the third city to be incorporated in Santa Cruz County in 1949. You can think of Capitola like Santa Cruz but to a smaller scale and without the tourists. The center activity is the beach and the downtown area known as Capitola Village. The beach is your arena for surfing, boogie-boarding, swimming, sun-bathing or simply people-watching. Further inland you’ll run into growing forests and winding trails. Within the city, you can visit one of the art galleries that display artwork from local artists. History buffs will enjoy the Capitola Historical Museum. There are parks a plenty including Jade Street Park, Esplanade Park, and the famous New Brighton State Beach. If spending money is your hobby, there’s plenty of shopping at the 41st Avenue Shopping District and the Capitola Mall. Capitola is also home to fun and famous annual festivals including the Begonia Festival and the Art & Wine Festival. Capitola is small enough that it doesn’t suffer from big city blights like traffic and smog: the air is always clean and the roads clear. Capitola residents invite you to buy a home in their intimate community.