I came across a great opinion piece in the Washington Post that urges people not to wait for rates to “bottom out” before they refinance.
It’s tempting, especially in these deal-seeking, holiday months, to wait for the absolute lowest rate. But when you do that, you run the risk of rates going up while you’re waiting. The key to refinancing is to refinance when you can get a great deal.
The bottom line is: if you can lower your interest rate, a refinance may be right for you.
Talk to a Home Loan Expert today if you’re wondering if a refinance is right for you.
Read the full article: Refinancing? Don’t wait for interest rates to ‘bottom out.” on the Washington Post.
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