1709: [Part 1] Should I Refinance My Mortgage by Scott Rieckens of Playing With Fire on Home Loan Savings
Optimal Finance Daily - Financial Independence and Money Advice
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The Benefits of Refinancing
When shopping for a loan, Crunch the numbers and weigh the cost of the fees gainst the savings. Re financing to lower your interest rate can be incredibly helpful on your pasto fi. Refinancing can help some one switch from a variable rate to a fixed rate or from a fixed rate to a variable rate. Cash out refinancing is sometimes used by real estate investors who are using the equity in their investment homes to grow their real estate portfolio. If your goal is financial independence, cash out refinancing probably isn't the best option for you.
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