Should I Refinance In 2024

Should I Refinance In 2024. The rush to refinance makes sense, as even a slight drop in mortgage rates can translate. That’s about 1% less than their 7.53% peak in april.

The rush to refinance makes sense, as even a slight drop in mortgage rates can translate. Based on your specific situation, it may be worth it to refinance when interest rates are only 0.5% lower, or it might be better to wait until interest rates are more than 1% lower than your current rate.