Optimal Finance Daily - Financial Independence and Money Advice cover image

Optimal Finance Daily - Financial Independence and Money Advice

2999: When It Makes Sense to Refinance Your Mortgage (And When It Doesn’t) by Andy Hill of Marriage Kids And Money

Jan 9, 2025
12:05

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2999:

Discover when refinancing your mortgage could be a smart financial move and when it might not be worth the effort. This guide demystifies key factors like interest rates, loan terms, and closing costs to help you make informed decisions that align with your financial goals.

Read along with the original article(s) here: https://marriagekidsandmoney.com/when-it-makes-sense-to-refinance-your-mortgage-when-it-doesnt

Quotes to ponder:

"Refinancing isn't always about lowering your interest rate; it's about aligning your loan with your long-term financial goals."

"The savings from refinancing depend on how long you stay in the home after the refinance closes."

"Don't let lower rates fool you into forgetting the upfront costs - it’s the overall picture that counts."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode