Is Your Mortgage Still a Good Fit in 2025?

You probably get regular check-ups for your health, your car, and maybe even your HVAC system. But what about your mortgage?

As we hit the midpoint of 2025, it’s the perfect time to ask: Is your current mortgage still working for you—or is it holding you back? With rising home values across the Coachella Valley and shifts in interest rates, this is your opportunity to make sure your loan still aligns with your financial goals.

At MortgageWorks, we offer personalized mid-year mortgage reviews to help homeowners in Palm Desert, La Quinta, Cathedral City, and beyond maximize their equity, reduce monthly costs, or plan for the future. Whether you've had your mortgage for one year or ten, a quick check-up can make a big difference.

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Why a Mid-Year Mortgage Review Matters in 2025

A lot has changed in the mortgage world over the past 12 months. Interest rates have been fluctuating, home equity has continued to grow, and new loan programs have become available. Many homeowners in the Coachella Valley could be saving money—or reaching their goals faster—with a simple adjustment to their current loan.

Some clients we’ve helped recently didn’t even realize they were eligible for a better rate or new financing options until we ran the numbers for them.

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Signs Your Mortgage Might Not Be a Good Fit Anymore

Your mortgage may have worked perfectly when you bought your home, but life changes—and so do market conditions. If any of the following apply to you, it’s time for a review.

You’ve had the same interest rate for years and suspect rates are dropping.
Your income, credit score, or long-term goals have changed.
You’re planning a remodel and may need a cash-out refinance or HELOC.
Your current monthly payment feels too high or your loan term is too long.
You want to remove private mortgage insurance (PMI).
You bought your home with a temporary buydown or adjustable-rate mortgage (ARM), and it's about to reset.
You’re considering paying off your home faster or lowering your monthly expenses.

These are all great reasons to check in with a trusted local expert before making your next move.

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Options That Might Work Better for You

Depending on your situation, MortgageWorks can help you explore several possibilities.

A rate-and-term refinance could lower your monthly payment or shorten your loan term.
A cash-out refinance allows you to tap into your growing equity for renovations, debt consolidation, or large expenses.
A HELOC (Home Equity Line of Credit) provides flexible access to funds without refinancing your entire loan.
A removal of mortgage insurance may be possible if your home’s value has increased significantly.
A loan recast could help you reduce monthly payments without a full refinance, especially if you've recently made a large principal payment.
If you're planning to move or buy another home soon, we can help you review bridge loan or second home loan options.

We tailor these options to each homeowner’s unique situation and goals.

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Example: A Homeowner in Rancho Mirage

One of our clients in Rancho Mirage purchased their home in 2020 with a 30-year fixed rate at 4.5%. After a mid-year review this summer, we helped them refinance into a new 20-year loan with a slightly lower rate—and no mortgage insurance—saving them over $200 per month and helping them shave five years off their loan. It was a simple adjustment that fit better with their current income and retirement plans.

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We Make It Simple

At MortgageWorks, our mid-year check-up process is quick, transparent, and free. We'll gather basic information about your current mortgage, run side-by-side comparisons, and show you if a better option exists. If everything looks great, you’ll get peace of mind. If improvements can be made, we’ll walk you through every step.

You have nothing to lose—and possibly thousands to gain.

Let’s Check In

Your mortgage shouldn’t be set in stone. Just like your financial goals, it deserves attention and care. With rates shifting, equity growing, and life changing, now is the time to make sure your loan is still the right one.

Call Art Alvarez at MortgageWorks today for your free mid-year mortgage check-up. Your answers are on the house. 760-969-5023

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.