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Refinancing Basics
When refinancing makes sense (and when it doesn't)
Refinancing isn't always the right move, even when rates look attractive. The key is understanding your own situation — how long you plan to stay in your home, what your current rate and loan balance are, and what closing costs would be. Sometimes refinancing saves you thousands over time. Other times, you'd break even in five years or more, which may not pencil out if you're thinking of moving sooner. The best approach is to run the math specific to your loan, not just chase headlines about rates moving. I'm happy to walk through whether refinancing could actually benefit you, or if staying put makes more sense right now. Let's talk through whether a refinance is worth it for your situation.
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