Part One: Understanding Refinancing in a Volatile Market
Dive into the complexities of today’s real estate market where refinancing has become a significant trend among homeowners. This section explores the lure of potentially lower interest rates and the opportunities to access home equity. However, it’s not just about the benefits; we’ll also discuss the critical considerations and potential drawbacks. As interest rates hover between 7% and 8%, the landscape is vastly different from the low rates during the pandemic. This video will help you understand whether refinancing now could be a beneficial move or if it might compromise your existing advantageous rates. Stay tuned as we break down the essentials of making an informed refinancing decision in 2024’s unpredictable market.
from Vancouver’s Real Estate with Amal Jarmakani https://www.youtube.com/watch?v=5VqOfmuoy74