Summer has flown by here in the High Country and with that means what locals refer to as shoulder season. The pace of Summit slows down a bit and housekeeping items are a bit realistic to tackle this time of year, which brings me to the topic of refinancing.
Mortgage rates have hit record lows and while lenders are anticipating potential volatility this week, it is still a great time to refinance and wipe that mortgage insurance off the payment or even just lower a monthly mortgage payment. While forecasting what rates will do depends on so many factors, economists are anticipating rates will go up, but at a gradual rate. Now is the time to put your mortgage lender to work and take advantage of the incredibly low-interest.