Should You Refinance Your Home?


Owning a home comes with a mortgage. Are you wondering if you should refinance your home in California?

Refinancing can be a hard decision to make. And when to refinance is even harder to decide. has an article written by Chrystal Caruthers addressing reasons why refinancing can save you money.

Refinancing can lower your payment, get you out of a bad loan or remove PMI from your mortgage payment. Mortgage rates are currently very low, so here are some reasons to refinance your home.

If your home is worth more than your current loan, and at a higher interest rate than currently available, you should look into refinancing. If you have an adjustable rate mortgage, now is the time to get out from under it.

Are you looking to do renovations on your home or need extra cash for unexpected bills? You may be able to refinance and be able to get cash from your home. You can also use this money to get started investing in real estate.

Do you have an equity line on your home? This is a second mortgage that may have a variable rate. Refinancing may allow you to combine your first and second mortgage and lock in a low rate.

If you are considering refinancing your home loan, call your mortgage company to see what they have to offer. It may not be as daunting as it seems, and may save you a lot of money in the long run. It is also important to find a good and trustworthy lender to handle your refinancing. Contact me and I can recommend a few lenders that I have worked with.

When you are ready to buy or sell your home, we at Haylen Group are here to help you with all of your real estate needs! If you are unsure what your options are, call Helen Chong at (408) 800-LIST or email at You can also visit us at our website for available listings and additional information.


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