To Refi or Not to Refi?

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 10 June 2021

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nicole dishes out the do’s and don’ts of refinancing your home… and if you’re thinking about a refi, this episode could save you thousands. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:09.0	That's a good one.
0:10.0	Dean and should I have a 401k because then I don't do it?
0:12.0	No, I know.
0:14.0	What's that?
0:15.0	I don't think the whole world revolves around you on your money.
0:17.0	What a dozen of them.
0:19.0	Charge for wasting our time.
0:23.0	I will take a check.
0:25.0	We got bullsh**t.
0:27.0	You recognize her from Anchoring on CNN, CNBC, and Bloomberg.
0:31.0	The only financial expert you don't need a dictionary to understand.
0:35.0	The cold lap in.
0:37.0	I know one of my more controversial hot takes is that buying a house is not for everyone.
0:43.0	A mortgage is a big old financial ball and chain that I don't recommend to all money rehabbers.
0:49.0	But I will say that one awesome thing about a mortgage is that you can refinance
0:55.0	if interest rates go down.
0:57.0	And, awesomers still is that if you have a fixed rate mortgage,
1:01.0	which by the way you should have, and interest rates go up, it's not your problem.
1:06.0	Your rate remains, well, fixed.
1:09.0	That is a huge, huge deal.
	...

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