Refinancing Your Mortgage? Be Prepared With These Questions
The 2022 housing market is nothing if not unpredictable. With interest rates rising faster than expected through the year’s first six months, the rates have suddenly changed direction and started dropping again, albeit slowly. With rates falling back closer to 5%, more homeowners will no doubt be looking to capitalize on something that they might have been worried about missing out on this year – refinancing their mortgages.
But before you go jumping into the deep end without looking, there is still a lot to consider before choosing to refinance your mortgage if you want to get into a better position to reach your financial goals. Here are six key questions to ask your lender before refinancing your mortgage this summer. more “Key Questions to Ask Before Refinancing Your Mortgage This Summer”