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Does it Make Cents to Refinance Your Mortgage?

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Does it Make Cents to Refinance Your Mortgage?

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As mortgage rates continue to hit record lows, many people are refinancing their mortgages. Before deciding to refinance, I’d answer two questions. Does the math work What does it allow you to do? Listen as I walk through an example of a homeowner refinancing their $750,000, 30-year mortgage at 4.5%, how it's possible they could pay more in interest by refinancing to a 30-year mortgage at 3.5%, and why that may not be such a bad idea. Read the Blog - https://deepinthetrenches.com/does-it-make-cents-to-refinance-your-mortgage/ (Does it Make Cents to Refinance Your Mortgage?) Read Time - 5 minutes

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