It depends. Do the math and see if it makes since.
Example: You pay $5,000 to decrease your interest rate from 6% to 5.25%. Then in a year rates drop to 4.75%, was it worth the additional costs?
Starting your investing journey can be daunting. Browse our Getting Started Guides to learn about different investing strategies.
It depends. Do the math and see if it makes since.
Example: You pay $5,000 to decrease your interest rate from 6% to 5.25%. Then in a year rates drop to 4.75%, was it worth the additional costs?