Refinancing When Rates Are Rising: 3 Valuable Tips
The real estate market is volatile. You never know when interest rates will suddenly increase or decrease, but forecasters can utilize several factors to determine overall trends in mortgage loan interest rates for the coming year. You might not think that it makes sense to refinance your home when rates are rising, but that isn't necessarily true. A refinance could benefit you in a number of ways -- even with a real estate market that has rising rates.