Are you wondering if it’s the right time to refinance? Then you should consider a few things first:
Determine how long you plan on staying in your home, think about your financial goals, review your credit score, estimate your home equity, and research current mortgage rates. All of this will help you decide if moving forward with a refinance is a good financial move for you.
Refinancing an existing loan may increase total finance charges over the life of the loan. Equal Housing Opportunity.