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?”
