The U.S. continues to see record-low interest rates as we work through challenging economic times. It is projected that the Federal Reserve will keep rates low for a while, and that is a good thing when looking to secure a loan. It also means we will continue to see mortgage refinancing offers from lenders. Refinancing can be a great financial decision, just remember to do your research before signing.
Four must-dos when refinancing into a record-low mortgage rate
Mortgage Rates, High or Low?
I've always said, don't try to time the real estate market. The timing should depend on your personal scenario and readiness. Even for buyers that are looking at times that rates are increasing, there will be future opportunities to refinance when rates drop. Just a...