Bottom line upfront: The wind has been at our sails for over a year. Now its time to grab an oar and start rowing. By this time everyone is well aware that drastic measures were taken across the board at the beginning of the coronavirus pandemic in 2020.
By this time everyone knows 2020 and 2021 was the largest real estate equity surge on record. With home prices hitting all-time highs and mortgage rates hitting all time lows, the bulk of attention in real estate was directly pointed at purchase and rate & term mortgage loans.
Whether you do a Rate & Term Refinance or Cash Out Refinance, now could be the time to strike if you did not take the opportunity in 2020 or 2021.
The world of residential refinancing can be a complex arena, but it doesn’t have to be. While every homeowner has their own unique reason for refinancing their home, we have found that the most common reasons are like…