You are using an older browser version. Please use a supported version for the best MSN experience.

Best 2021 Money Moves: Refinance Your Mortgage

Interest rates for a 30-year, fixed-rate mortgage set record lows more than a dozen times in 2020, and remain well under 3%. Maybe it is time to refinance your mortgage to get a better rate. Moving from your higher rate to a lower one may seem to make perfect sense, but remember, there are fees. Our guidance: Don’t refinance unless you’ll stay in the home at least until you’ve saved more from the lower interest rate than you paid in refinancing fees.
image beaconimage beaconimage beacon