October 27, 2019

Nearly 8 million homeowners could benefit from a mortgage refi


Does a refinance make sense for you? A new report suggests it could be the right move for millions. But to properly answer the question "should I refinance?", it's smart to do the math, assess your finances, and shop around for the best mortgage interest rates.

A recent report by Black Knight had some interesting findings. It calculated that, in July 2019, an average of nearly 8 million homeowners could have qualified for and benefited from a refi. (That's assuming a 30-day window from application to closing.) That's a 10% rise from the June number of homeowners who could have qualified and benefited.

Learn more by reading my newest story published by HSH.com, available here.