Q&A: Refinancing a mortgage, is now a good time?

Question by J K: Refinancing a mortgage, is now a good time?
I’ve heard rates could go lower soon because of the feds recent actions, does anyone know the best course of action right now?

Best answer:

Answer by djw231us
rates are about as low right now as they can possibly go. Refinancing now is a great idea. Even if they were to go down a bit more, there really isn’t much room at this point, and barring another depression will most likely go up in the next year or so.

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