REFINANCE NOW OR WAIT? - Refinancing Breakdown

Interest RATES are FINALLY Dropping! Many homeowners who purchased their home within the last 24 months are deciding whether to refinance now or wait.

In this video, I'll specifically go over refinancing to reduce your interest rate, loan term, or both. Watching this video will ensure you don't go into refinancing blindly, I'll guide you through different scenarios that will help you understand whether refinancing now is a good idea.

00:00 Introduction
01:20 How Refinancing Works
02:06 Costs Associated Refinancing
05:36 Free Refinancing Options
07:51 Reasons to Refinance
09:12 Real Life Refinancing Scenario #1
11:59 Real Life Refinancing Scenario #2
13:45 Real-Life Refinancing Scenario #3
15:39 Real-Life Refinancing Scenario #4
18:07 Tiered Rate System

#refinancemortgage #refinance #mortgagetips #mortgage #homeowner

[jonathantaylor]

Who TF is refinancing? The FED cut 50 and since then the 10 year UST is up by over 60 basis points. If you want to refinance you are going to need to wait about a decade lol.