Sell Now or Refi?
Hey! A big question I'm getting right now from my clients and friends and past clients is should I sell now or should I refi? And that is a loaded question because it depends on where you are in the marketplace.
Boy, if you ever thought that you would need a bigger home, you should definitely sell and buy a new one. Right now the interest rates being so low, you might never ever get another chance to buy a house with this low of a rate. So if you think you need a bigger home, now is the time.
Now if you are staying in your home forever, or if you just downsized, or you just bought and you're in your dream home, by all means, refinance. Because now could be your best chance to lock in a rate that you will never want to get rid of.