Want to Refinance Into a Record-Low Mortgage Rate? Do These 6 Things
With mortgage rates at outrageous lows, it’s easy for homeowners to save money by refinancing. Saving a lot of money takes a bit more effort.
Industry experts say anyone paying more than 3% on a fixed-rate mortgage — or 0.75% more than current rates — should try to strike a better deal. The savings, often hundreds of dollars a month, can help you endure the financial fallout from the COVID-19 pandemic and pad your wallet for the future.
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By : Juliette Baxter
Original Article Posted on : Jul 13, 2020
Link to Original Article: https://financialpost.com/moneywise/want-to-refinance-into-a-record-low-mortgage-rate-do-these-6-things