How to Know When to Refinance - Episode 171

EPISODE 171: HOW TO KNOW WHEN TO REFINANCE

Welcome to the Monday Money Tip Podcast. Mortgage rates are very low. How do you know when it makes sense to refinance your existing mortgage? In this episode, we’re discussing when you should refinance your mortgage. Is now the right time, or should you wait? In our Current Event segment, we’re talking about the raising of the National Debt Limit. Our success story comes from Jayme, who has been able to pay off his cars and house in only seven years!!

WATCH OR LISTEN:

About the Episode:

  • In this episode, we’re discussing when you should refinance your mortgage. Is now the right time, or should you wait?

  • In our Current Event segment, we’re talking about the raising of the National Debt Limit. 

  • Our success story comes from Jayme, who has been able to pay off his cars and his house in only seven years!!

Key Questions to Answer: 

  1. How long do you plan to remain in this home?

  2. What is your current mortgage balance? 

  3. What is your current interest rate?

  4. What interest rate is available to you? 

  5. How much does the refinance cost?

 

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