Should I Refinance My Mortgage If Rates Drop Below 6%?
Short answer: maybe. Better answer: it depends. If you’ve been watching rates and thinking, “Should I refinance my mortgage below 6%?”—you’re not alone. That number has become a psychological line in the sand for a lot of homeowners. And honestly, I get it. Sub-6% feels like relief after the past couple of years. But refinancing […]
20-Year Mortgage Refinance: The Quiet Strategy That Can Help You Save
I can save you $317 per month… or $244,487 over the life of your loan. Every January, people get reflective. We think about simplifying life, being smarter with money, and making decisions our future selves won’t roll their eyes at later. Gym memberships, decluttering closets, fewer impulse purchases. All solid goals. And every January, I […]
High 6% Interest Rates: Why Buyers Are Considering Refinancing
Remember when refinancing wasn’t even on the table? When interest rates jumped into the 7s and everyone just decided to tough it out? Well, here’s the good news — that’s changing. As of this week, we’re quoting 30-year conventional loans around 6.19% (6.32% APR), and that little shift is opening doors for a lot of […]
Mortgage Rates Hit 2025 Lows: Is Now the Time to Lock In or Wait for More Drops?
Mortgage rates 2025 have hit their lowest levels yet, giving Utah homebuyers and homeowners a unique opportunity to lock in savings or plan for refinancing. If you’ve been watching mortgage headlines lately, you’ve probably noticed the buzz: rates have dipped to their lowest levels of 2025, hovering around 6.5% for a 30-year fixed. That’s down […]
What If I Can’t Refinance in Year 2 of My 1-0 Buydown?
You’ve probably heard me talk a lot about the 1-0 buydown lately — and for good reason.It’s one of the most underused tools buyers can use in today’s market to lower their interest rate (and payment) for the first year of their mortgage. But I get this question a lot recently: “What happens in Year […]
Is Refinancing Still Worth It with Today’s Rates?
Most people think refinancing only makes sense when interest rates are low. That’s because they’re focused on the wrong thing. The rate isn’t the problem—cash flow is the problem. The truth is, refinancing can still be one of the smartest financial moves you make, even at a higher rate, if it helps you eliminate bad […]