Dan Danford, CFP® and Founder/Chief Executive Officer of Family Investment Center, answers this week's episode of Money Made Easy.
With interest rates so low is now a good time to refinance or are there disadvantages to refinancing?
Danford addresses the costs associated with refinancing (new appraisal, new title company, etc.) but says this is the best time to refinance in the last 50 years. He explains why everyone should consider refinancing not only their marital home but also their credit cards and vehicles.