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Refinancing Basics
When refinancing makes sense (and when it doesn't)
A lot of people ask me whether they should refinance, and the answer really depends on your situation. If rates have dropped meaningfully since you closed, your credit has improved, or you want to shorten your loan term, refinancing might pencil out. But it's not automatic—closing costs and your timeline matter. If you're planning to move in a few years, the math often doesn't work in your favor. The best way to know is to run the numbers with me: I can show you what your new payment would look like, how long it'd take to break even on closing costs, and whether the savings justify the process. Every borrower's math is different, and I'm happy to walk through yours. If you've been wondering whether refinancing is right for you, let's talk through it together.
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