PFT #32 - Personal Finance Tip of the Week: Don't Refinance Your Mortgage Just to Refinance

<p><span style="font-weight: 400;">Interest rates have been extremely low for several years which most American’s have taken advantage of and they should. </span></p> <p><span style="font-weight: 400;">The allure to make this move is that mortgage payment will be lower; however, you don’t want to refinance just to refinance. </span></p> <p>If you do not stay in your home long enough you may actually lose money </p>