5 Tips for Refinancing Success
(Daily Finance) — 1. Over-estimating the value of the home: With home values dropping in today’s market, borrowers typically over-value their home, causing borrowers to receive higher-than-expected loan offers. 2. Hesitating to lock in low rates: Lenders are seeing borrowers waiting for rates to drop further, missing out on the opportunity to lock-in with the current low rates.