March 19, 2017

Why it's still a great time to refinance your mortgage

If you currently have a mortgage loan, it’s normal to worry that you may be paying too much on the interest. After shopping around, many homeowners find that they often can take advantage of lower rates by refinancing. Recently, however, mortgage rates climbed slightly. What’s more, the Federal Reserve just announced an interest rate hike, which could also make mortgage rates go higher.

In a climate with rising rates, many borrowers choose to put refinancing plans on hold. But despite rates ticking up, experts say now remains a good time to consider a refi and lower your mortgage payment. Learn wide by reading my latest article for The Mortgage Reports, available here.