On today’s episode, we’ll discuss the decision-making process of refinancing and get into other forms of equity lines of credit that can be appealing even for those with low interest rate primary mortgages.
Topics Discussed:
- The stats on how mortgage rates are dropping and what that means for you.
- What it means to refinance your mortgage rate.
- Why a mortgage might make sense for you and important things to note.
- An easy formula to use when determining the viability of refinancing.
- What it looks like to borrow from your home’s equity and the different ways to do this.
- When to refinance and how to decide if you should refinance now.
- What influences mortgage rates.
Resources Mentioned:
Tags
refinancing, mortgage rates, mortgage, mortgagerate drop, rate drops, home buying, new home purchase, buying a home, ER doc, emergency medicine,
