How Long Should Homeowners Wait Before Refinancing a New Mortgage?

When Is it Too Fast to Refinance Your Mortgage?

If you’re of a certain age, then you have probably heard (or even used) the famous quote from the film, Ferris Bueller’s Day Off – “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.

And if you’re a homeowner, then you probably know all too well how fast life really moves. In fact, life moves so fast that some homeowners think about refinancing their mortgages not long after they’ve closed on their homes! more “How Long Should Homeowners Wait Before Refinancing a New Mortgage?”

Is Summer the Best Time to Refinance a Mortgage?

Should You Refinance Your Mortgage During June, July, or August?

The crazy fluctuations of the real estate market over the last few years has made it tough for a homeowner to know when to pull the trigger on refinancing their mortgage. After a lengthy span of record low interest rates, today’s rates are up and hovering around 7% for a 30-year fixed rate mortgage loan.

With such volatility in recent years, the current interest rate is still high enough to keep a lot of refinance prospects sitting idle on the sidelines. And even for those who might be in the position to refinance, other questions come into play, like – is summer the best time to refinance a mortgage or should I wait? more “Is Summer the Best Time to Refinance a Mortgage?”