Published by HomePlus at August 19, 2019 The latest data suggests that homeowners could save big if they go for refinancing today for their mortgages originated in 2018. That is because 80% of mortgages from last year carry an interest rate that is 0.75% higher than the prevailing rate today, which is 3.49% according to Freddie Mac. There is one major factor why many are still not able to take advantage of mortgage refinancing – the lack of awareness about how the mortgage market works. In this post, we are sharing some things to consider before you refinance a mortgage, Orange County, CA. Take note of the following: Current interest rate – If you can get into a lower rate mortgage, a refinance is worth looking into. […]
