When interest rates decline, you might question whether refinancing is worthwhile. Springtime is almost always the strongest real estate season in Colorado. After the winter storms and cold temperatures, people are ready to get out, buy houses, sell houses and enjoy being more active. However, in the spring of 2024, prices were still rising, interest […]
I hear interest rates are dropping! Should I refinance?
When interest rates decline, you might question whether refinancing is worthwhile. It could be a good idea to check your current home interest rate and determine if refinancing might be beneficial. According to Freddie Mac, the average interest rate peaked at 7.79% in October 2023, but as of August 2024, it has decreased to 6.46%. […]
Real Estate: Refinance or not?
When interest rates drop, you might wonder whether or not it makes any sense to refinance. Interest rates for a 30-year mortgage loan are currently below four percent, continuing the opportunity to refinance at a historically low rate. When interest rates drop, you might wonder whether or not it makes any sense to refinance. Unfortunately, […]