|
Refinance Basics
When refinancing makes sense (and when it doesn't)
Refinancing isn't always the right move, even when rates drop or your situation changes. The real question is whether the benefit outweighs the cost and time. A lower rate sounds great, but you'll want to think about how long you plan to stay in your home, what you'd pay in closing costs, and whether you're extending your loan term in ways that cost you more overall. The math isn't complicated, but it's worth doing. If you've been wondering whether now is your moment to refinance—or if you should just let your current loan run its course—I'm happy to walk through the numbers with you. No pressure, just clarity. Reach out if you'd like to talk through whether refinancing fits your situation.
|