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When we hear mortgage rates are going up or down, a lot of us may wonder if we should refinance our mortgage. Sometimes it makes sense, sometimes it doesn't. Let's help you answer the question when is refinancing a mortgage a good idea? #WhenToRefinanceMortgage Explore your refinance options: http://andrewfinneyloans.com/ 🆓 FREEBIE 🆓 📘 Download the FREE Home Buying Process 101 Infographic ➡️ https://www.hometribeteam.com/homebuy... 🔍 Get Connected with a TOP Real Estate Agent Near You 🔍 ➡️ https://homeandmoney.com/andrew/ ---- Or, if you're planning on buying or selling your home in the Las Vegas, NV region, let's connect: https://calendly.com/andrewfinneyteam Realtor Near Me Finder 👋 Join the Home Tribe Team! 🏡 ➡️ https://www.hometribeteam.com/ #HomeTribeTeam ➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜ ✅ Subscribe & Tap the 🔔 icon to get Notified: / andrewfinneyteamlasvegas ✅ Watch Next ➜➜➜ • Real Estate - The Untold Stories! Season #... 🚀 My mission is to help you take the guesswork out of real estate! On my channel, you'll find transparent content you can use to make well-informed decisions that are right for you for the reasons important to you! 📒 Show Notes 📒 What you'll learn: 1. Should you refinance your mortgage? 2. Is refinancing a house good or bad? 3. How to know when to refinance your mortgage! NOTE: To adjust video speed for your listening/ viewing pleasure, please use the settings icon on the bottom right of your screen. It looks like a gear. =) Timeline: 4 Common Scenarios 1. 0:54 - Scenario 1: When mortgage rates go down! 2. 2:01 - Scenario 2: Your home value has increased! 3. 4:01 - Scenario 3: Your credit score is higher! 4. 4:52 - Scenario 4: You have an adjustable rate mortgage (ARM) and rates are going up! 7 Ways to Figure out if Refinancing is Right for You! 1. 5:37 - Way 1: Calculate your break-even point! 2. 6:21 - Way 2: Use a mortgage refinance calculator! 3. 6:43 - Way 3: Don't forget to factor the fees! 4. 7:42 - Way 4: Think about the term (length of the loan) you want! 5. 8:01 - Way 5: Consider the timing of your mortgage refinance. How many years are left on your existing mortgage and will it really save you money if you refinance? 6. 9:06 - Way 6: Are you willing to put forth the effort? 7. 9:50 - Way 7: Know your credit score! Thank you for watching! =) Enjoy an amazing day! Andrew Finney #AndrewFinney AndrewFinneyTeam Disclaimers/ Credits: At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group (KRG) in Las Vegas, NV. Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG. The purpose of Andrew's videos is to educate you and help you make sense of the real estate process. I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or any other and may be outdated or inaccurate; it is your responsibility to verify all information for yourself. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that is free from error. Linked items may create a financial benefit for Andrew Finney Team. Any use of other media is by fair-use or license only. Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: • Syn Cole - Feel Good | Future House | NCS ... Download this track for FREE: http://bit.ly/SynColeFeelGoodD