GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
Others refinance in pursuit of lower payments or to switch their loan key in.
Factors that determine your refinance rate include the Feds rate, your credit score and income.
In 1981, they peaked at nearly 19%.
At the end of 2020, they fell to nearly 2.5%.
Current Refinance Rates by Loan throw in
Is Now a Good Time to Refinance?
Here are the signs that refinancing might make sense for you.
If any of these apply, it might be better to wait.
Alternatives to Traditional Refinancing
Before you sign a traditional refinancing agreement, consider the following alternatives.
FAQ
Share This Article:
The Latest inHome Loans
