Tony Brewer

I had thought about refinancing the beach house in November, interest rates were good and it’s something that I thought about every month when making that mortgage payment. Of course the holidays were coming and I wanted to spend some extra money on the family, so I held off at the time. Now interest rates seem to be fluctuating quite a bit, and I am not sure if I should refinance now, or wait another month.

Of course waiting longer could mean that the ARM will go sky high, but it doesn’t seem like the economy is going to fall apart any time soon. I am putting money aside for the closing costs and lawyer fees, so if I decide to refi I will be prepared.

Of course I am kicking myself in the arse for not refinancing in November when I had the gut feeling to do so.