There are many benefits to refinancing. There is no rule about when to refinance. The decision to refinance is simple. Will I save money? Let's say, for example you save $1800 a year by lowering your rate 3/4 of a percent. This works out to $150 a month.
Makes sense right?
If we mailed you a check every month for $150 would you
spend it, invest it or throw it away? You would use that $150 a month in a sensible way to improve your overall financial position, right?
When mortgage rates are as low as they have been since 1971 it probably makes sense to refinance. Call me and we can run a new proposed payment based on your present mortgage balance and your future goals. 414-416-9194 or 414-527-7800 x108
Thank you.
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