When’s the Right Time to Refinance your Home Mortgage?
Current reports show that today’s mortgage interest rates continue to sit at record lows, but as the housing market continues to strengthen these rates may increase. If you’re already paying your home mortgage, you may be tempted by the prospect of refinancing your mortgage to lower your interest rates. A professional mortgage broker in Coral Springs from our team at Ace Mortgage Loan Corp. can help you determine if now’s the ideal time for home refinancing. As mortgage applications continue to rise, now might be your best time for refinancing. If you’re considering refinancing your existing home mortgage in Coral Springs, there are a couple elements you may want to have in line before filling out the refinancing paperwork. Everyone’s refinancing experience is unique, but here are some major…