Ep 20 - Should You Get Your Home Refinanced?

<p>Thank you for getting us to 20 Episodes! We appreciate all your love and support for our podcast!</p> <p>In this episode, we discuss if its worth it for you to refinance your mortgage! I personally would say to look into this especially with todays all time low interest rates. This can help shave off a lot of money every single month that you can either use to pay off your mortgage faster or you can use it to invest into the market to help you earn more ca$$$h!</p> <p>Ep 17 - (<a href='https://bit.ly/31oRFx3'>https://bit.ly/31oRFx3)</a></p> <p>Help support us by joining our Patreon! (<a href='https://www.patreon.com/BrokeMillennialFinance'>https://www.patreon.com/BrokeMillennialFinance</a>)</p> <p>Check out our website for more content: (<a href='https://brokemillennialfinance.net'>https://brokemillennialfinance.net</a>) </p> <p>Subscribe To Our YouTube Channel: (<a href='https://www.youtube.com/c/brokemillennialfinance'>https://www.youtube.com/c/brokemillennialfinance</a>)</p> <p>Here are the referral links for you to join to get your free stocks:</p> <p>Robinhood: (<a href='https://join.robinhood.com/naveras-a23246'>https://join.robinhood.com/naveras-a23246</a>)</p> <p>Webull: (<a href='https://act.webull.com/i/QNmo8WB8Yzc2/74x/'>https://act.webull.com/i/QNmo8WB8Yzc2/ufl/</a>)</p> <p>Coinbase: (<a href='http://coinbase.com/join/khan_st?src=ios-link'>http://coinbase.com/join/khan_st?src=ios-link)</a></p> <p>Show Notes: </p> <ul><li style="font-weight:400;">Should you get your home refinanced?</li> <li style="font-weight:400;">Advantages of getting your home refinanced <ul><li style="font-weight:400;">Better mortgage rates</li> <li style="font-weight:400;">Lower monthly rates. So lets say your mortgage is currently $1,910 on a 500k house at 4%. Let’s say you refinance it to 3%. Your new mortgage will now be $1,686. This is a $224 monthly difference.</li> </ul> </li> <li style="font-weight:400;">If you have an adjustable rate loan you might want to choose a fixed rate loan</li> <li style="font-w