Although rates have been creeping upward - by exactly .25 percent after the Federal Reserve met December 14 - rates are still low.
Right now everyone (by everyone, I mean economists and mortgage industry experts) are speculating about where rates will go from there, meanwhile homeowners are making their setting their own financial goals for the new year ahead.
If you have refinancing on your mind – and if you do, that’s okay. There are several benefits to refinancing.
Stockton Mortgage has a guide that explains the ups and downs, ins and outs of refinancing if that’s something you’re considering in 2017. To find out all about it, check out our guide to refinancing by goinghere or reach out to one of our SMC mortgage bankers.