Why Not Refinance? | When is Refinancing a Bad Idea? | Advice from a Loan Officer
With rates creeping down, most people's thoughts at this point are, "Should I refinance?"
And I know, I know it's strange to hear about why you shouldn't refinance, but the bottom line is that I am here to look out for what is best for our clients, and that means helping you make informed decisions about your mortgage.
I have been in the business long enough to see some examples of when refinancing wasn't the best move at that time.
So today, we will talk about three reasons why refinancing may not be a good idea for you and your situation right now.
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