Even though Mortgage Rates are slightly higher than their all-time lows, it may still be very favorable to refinance. In many cases, you can significantly reduce your monthly payment and reduce costly mortgage insurance.
It might be tempting to play the market and see if interest rates come back down to their all-time lows. But even if they eventually did, you could have been banking significant savings by refinancing today. It will likely take several years before a potential lower rate in the future would catch up to the savings you could start seeing right away.
There is no guarantee that rates will move lower, so call me at 978-376-5389 to see how much you could save by refinancing now.
