Should You Refinance? Low Rates Aren’t Necessarily A Green Light
There is a lot of hype about refinancing your mortgage and you’ll often hear statements like, “Rates have never been lower!” The truth is, interest rates are low right now (and Ben Bernanke stated in late June that he expects they’ll stay low for a while). However, even when they’re at their lowest, refinancing depends on your personal situation. While it’s important to talk to a mortgage expert (preferably not the person/institution who would be [...]