We are in the beginning wave of a refinance tsunami. For the last 20 months interest rates have been above 4 percent. For the first time in almost two years interest rates are below 4 percent. A good way to look at this opportunity would be not the amount of money you could be saving but the amount of money you’re losing every month by not refinancing. Listen in as Doug and Tammie Haldeman alongside Tom Terbrock discuss the questions listed below to find out if refinancing is right for you. If you’d like free advice text/call Doug Haldeman at (314) 472-DOUG(3684)
How long will it take me to recover my refinance costs?
If someone plans on moving in a short period of time is refinancing worth it?
What does a point represent/should you pay in to points to buy an interest rate down?
When shouldn’t I refinance?
If I do decide to refinance is It cheaper with my current lender or should I shop around?