7/20/2021
The Pros and Cons of Refinancing Your Mortgage | Kevin Brunnock | NYC Real Estate Professional
Kevin Brunnock | NYC Real Estate Professional (http://kevinbrunnock.com) The Pros and Cons of Refinancing Your Mortgage by Kevin Brunnock (http://kevinbrunnock.com/author/kevinbrunnock/) on July 19, 2021 (http://kevinbrunnock.com/the-pros-and-cons-of-refinancing-your-mortgage/) in Kevin Brunnock | Real Estate (http://kevinbrunnock.com/category/kevin-brunnock-real-estate/)
One of the most common questions that people have when considering refinancing their home is: will it be worth it? The answer to this question depends on whether you need to do so for financial reasons or simply looking for a lower interest rate. If your current mortgage has an interest rate that is significantly higher than what’s available in the market, then refinancing could mean big savings on your monthly payments. But if you’re just going through with a refinance because rates are low and you won’t be able to cover the closing costs and other fees, then it may not make sense financially. This article breaks down all of the pros and cons of refinancing your mortgage so that you can decide for yourself whether it’s the right move. kevinbrunnock.com/the-pros-and-cons-of-refinancing-your-mortgage/
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