Revealing The Best Time To Refinance Your Mortgage | NerdWallet

Love your home, but not your mortgage rate? If you've been anxiously waiting to refinance your mortgage so you can get a lower interest rate, your wait might be over soon. But it’s going to depend on your situation – and how the numbers work for you. Home Nerd Kate Wood shares how to help you know when the best time to refinance and other helpful insight.

Suggested Articles:

Chapters:
0:00 - Intro
0:35 - Refinance Explained: Potential Changes from Interest Rate, Loan Term, etc.
1:17 - What You Need To Know When Refinancing Your Mortgage
3:33 - Break-Even Point Explained

#NerdWallet #Mortgage #MortgageRefinance

About NerdWallet:
We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions.

Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here.

Connect with NerdWallet:

Revealing The Best Time To Refinance Your Mortgage | NerdWallet