For those who are home owners, I wanted to share a fun fact. Right now rates on refinancing your home are very low and this could save you some money if you currently have a higher rate.
My wife and I have had our home for only a few years, but our interest rate was pretty high. We are currently refinancing and qualify for 3.5%. Since it’s only been a few years, we decided to refinance and roll that money back into the home. We are also using it to cover the closing costs so there isn’t anything out of pocket. Additionally, we are going to continue to try and pay what we are paying now for our mortgage and pay off our home 7-10 years sooner with our 30 yr mortgage!
If anyone is interested in doing something like this, or want to know more, I’d like to give a shout out to our lender The Piccinini Team. Michelle is a good friend of mine for over 15 years so I trust she will take care of you. They actually do lending in all 50 states and have been super quick to help make this a painless process. Thank you Michelle!