Is refinancing your mortgage right for you?
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Is refinancing your mortgage right for you?
Low mortgage rates have helped fuel the competitive housing market, but for some homeowners, it has been an opportunity to save money by refinancing. While interest rates have nudged higher, they continue to remain low. Bankrate chief financial analyst Greg McBride joins CBSN to discuss how to determine whether refinancing is right for you.
CBS NewsJun 10, 2021
Refinancing Mortgage
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Refinancing Tips
Looking to refinance? 🏡 Here are some valuable tips to ensure your refinancing journey goes smoothly! Tip #1: Organise your financial documents in advance. 📑 Having everything ready upfront speeds up the process and means less back and forth. Tip #2: Work with a mortgage broker to compare rates. 💼 Mortgage brokers have access to a wide range of lenders, saving you time and potentially thousands of dollars. Tip #3: Understand all the fees involved. 💰 Knowing fees like closing costs upfront al
1:10
Looking to refinance? 🏡 Here are some valuable tips to ensure your refinancing journey goes smoothly! Tip #1: Organise your financial documents in advance. 📑 Having everything ready upfront speeds up the process and means less back and forth. Tip #2: Work with a mortgage broker to compare rates. 💼 Mortgage brokers have access to a wide range of lenders, saving you time and potentially thousands of dollars. Tip #3: Understand all the fees involved. 💰 Knowing fees like closing costs upfront al
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