No one can accurately predict how long COVID-19 will continue to disrupt our lives, jobs or the economy at large. Whenever there’s that much uncertainty, mortgage rates can be volatile.
That volatility has many asking whether this is a smart time to refinance your home or condo. There’s no crystal ball, so when the timing is right, you want to be prepared to act fast. That means evaluating whether refinancing is right for you long before you have to make that important decision.