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Does Refinancing your home make sense right now?




Typically the goal is to reduce the amount you owe, lower your interest rate, reduce the years left on your mortgage, cash in on equity, switch from a fixed-rate mortgage to an adjustable-rate mortgage or vice versa.


Timing is everything, so consider these ever changing aspects:

  1. Current mortgage interest rates - do your research and find out what the current mortgage interest rates are in your area.

  2. The current housing market - look up recent home sales in your surrounding area so that you are knowledgeable of the current home values.

  3. Is your financial situation different now from when you purchased the home? (More income? Less income? More Debt? Less debt?)

Credit Score - Know your current credit score to be sure that you will qualify for a better rate than when you originally purchased.


Truth of the matter is… I am a Real Estate Agent. The best advice I can give to you is to talk to a TRUSTED lender. If you don’t have one… I have several!! Ask me… I’ll help get you started.



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