Mortgage interest rates are near historic lows, but does it make sense to refinance?
Let’s take a look at what it means to “save” money on a refinance. See how to calculate your breakeven point when refinancing and understand the math and cost to get a refinance done on both your primary and investment properties.
When this video was recorded the investor rate on a 30 year fixed was about 3.25% with 1 origination point paid ( this was before the Dow dropped 1200 points and the 10 yr got a little momentum) check with your lender to see what makes sense for you!
#refinancing #refinancingmortgage #mortgateinterestrate
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