Thinking about refinancing your mortgage? 🏡💰
Mortgage expert Dave Steinberg breaks down why now could be the perfect time to refinance, with interest rates at their lowest since early 2024. Learn how to determine if refinancing makes sense for you based on your current rate, how long you plan to stay in your home, and how to avoid common pitfalls like paying unnecessary points.

🔑 In This Video, You'll Learn:
Whether current mortgage rates make refinancing worth it
How your current interest rate affects your options
Why your homeownership timeline matters
How to refinance with low or zero closing costs
The smart way to consolidate high-interest debt through refinancing

📉 Rates won't stay low forever—watch now to make an informed decision and potentially save thousands!

📞 Got questions? Contact Dave Steinberg, your trusted mortgage guy, and let’s find out what works best for you. 718.575.1166

Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding

Summary:

- Interest rates are currently the lowest since early 2024, making it a potentially ideal time to refinance—especially for those with rates above 7.5%.

- Refinancing only makes sense if you plan to stay in your home for several years (ideally 3–5+ years); short-term stays usually don’t justify the cost.

- Waiting for lower rates is risky, as they can rise again quickly. If refinancing makes sense now, it's better to act rather than gamble on future drops.

- Avoid paying points on a refinance—instead, consider a slightly higher rate that covers closing costs, which may result in a better overall financial outcome.

- Refinancing can help consolidate high-interest debt, such as credit cards or home equity lines, improving cash flow and long-term financial health.

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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
7030 137 Street, Kew Gardens Hills, NY 11367

Summit Funding | Licensed Correspondent Mortgage Lender (NMLS #301151) New Jersey Department of Banking and Insurance

Summit Funding Inc., Your Mortgage Professionals Licensed Mortgage Broker (NMLS #84943) | State of Connecticut Department of Banking

Summit Funding, Your Mortgage Professionals, Inc. Licensed Mortgage Broker (NMLS #84943) | Florida Office of Financial Regulation
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