Should I Refinance My Mortgage? (Mortgage Refinance Explained) #interestrates

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Should you refinance your mortgage? In episode 14 of Real (Estate) Talk, our experts Joe Rath and Courtney King discuss what you should consider before refinancing your mortgage. Real (Estate) Talk answers your most-Googled questions about the housing market, including mortgage rates, finances, and more. This video is not intended as a solicitation if you are represented by an agent. The content is for informational purposes and should not replace professional counsel from a licensed attorney, financial advisor, or tax professional. Please confirm the suitability of referenced services independently.

Here’s what we’ll cover in today’s video:
0:00 - Intro
0:16 - What does it mean to refinance a mortgage?
1:13 - General rule of thumb on when to refinance
2:06 - How refinancing could impact your savings
3:25 - Costs associated with refinancing your mortgage
4:19 - What else should you consider before refinancing?
4:23 - Find the break-even point
5:04 - Consider your credit score
5:39 - Should you refinance right now?
7:12 - Outro

Homeowner Resource:
https://www.redfin.com/blog/when-to-refinance-mortgage/

Download the Redfin app: https://www.redfin.com/mobile

Real (Estate) Talk Playlist:
https://www.youtube.com/playlist?list=PL_vFYnKd284cUsUHgCXzCbVOYnBSsmtTa

Links
Redfin.com: https://www.redfin.com/
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Facebook: https://www.facebook.com/redfin/
TikTok: https://www.tiktok.com/@redfinrealestate
Blog: https://www.redfin.com/blog/

About Redfin:
We pair the industry’s most experienced agents with our top-rated real estate app to help you buy, sell, or rent your perfect home.

We’re here to help you discover real estate market insights, tips for home buyers and sellers, and more.

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#redfin #refinance #realestate
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