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5 Mistakes to AVOID when refinancing – NEW Mortgage Refinance Update

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5 Mistakes to AVOID when refinancing – NEW Mortgage Refinance Update // Are you in the process of refinancing your mortgage? Are you aware of the questions you should ask your mortgage broker when doing a mortgage refinance? In this mortgage update video, I discuss 5 mistakes to avoid when refinancing that you should avoid or at least keep in mind when going through the process of refinancing your home loan.

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5 common mistakes when refinancing

1. Not shopping other mortgage brokers for a better interest rate and fees
2. Only paying attention to the interest rate
3. Not calculating your break even point
4. Going back into a 30 year fixed loan
5. Bottom fishing and waiting to refi looking for a lower interest rate

I hope this housing market mortgage update provides you with insight on refinancing and what you should do if you are considering taking advantage of lower interest rates to lower your mortgage payment or do a cash out refinance.

Please let me know your thoughts below: what are your predictions for the housing market 2020 forecast and the housing market 2020 california? Do you believe that interest rates will go even lower? Are you one of those that believe there is a real estate bubble or a housing market crash 2020 coming? If so, why do you believe that

Jeb Smith (Huntington Beach Realtor/orange county real estate)
DRE #01407449
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith

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Other videos you might find helpful:

NEW Real Estate Market Update: Housing Market 2020 Update – https://youtu.be/GdFKHquB2g0

NEW Mortgage Update – Interest Rates, Refinancing & FHA – https://youtu.be/A0B1DB-EpaE

Why I decided to refinance RIGHT NOW- New Mortgage Update – https://youtu.be/rbS2we4AO08

Real Estate Market Update: June 2020 – https://youtu.be/ks1Zxu8B9Rw

Housing Market 2020 Predictions – NOW may be the BEST TIME TO SELL YOUR HOUSE – https://youtu.be/K7FDZSTRH7I

Housing Market 2020 – Mortgage Forbearance and Foreclosure
https://youtu.be/gz5tSOA0BQ0

REVISED Housing Market 2020 Forecast – https://youtu.be/Qw6K4YkFnck

VA Forbearance Repayment Options – https://youtu.be/mDmpcmcdoPQ

Forbearance Update – FHA Partial Claim explained – How to defer missed payments – https://youtu.be/O6D6V0nITBw

New Forbearance Update – Forbearance Facts for FHA & VA Loans – https://youtu.be/BryQTKz9HNY

Pros and Cons of Mortgage Forbearance – Should you use savings instead of doing forbearance – https://youtu.be/znAdBuK8eqU

New Forbearance Update – What Your Lender Should Be Telling You – https://youtu.be/qbNlKbc1Qq8

CARES Act Forbearance Update – Should you accept the terms being offered? – https://youtu.be/rUkmWCRLl7s

NEW FHA Mortgage Forbearance Options – No Payments for up to 1 year – https://youtu.be/ifEV7G1JQ84

What is Mortgage Forbearance – https://youtu.be/yxIh6-8KUHc

#Refinance #HousingMarket #Mortgage

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