Why Use Reasy Financial to Refinance?

With Reasy Financial, we understand that your current bank or lender may not be in a rush to refinance, as a higher rate benefits them financially. At Reasy Financial, we are here to promptly unlock potential savings for you. Our system provides immediate alerts, diligently monitoring interest rates on a daily basis. Trust Reasy Financial to ensure you don't miss out on valuable refinancing opportunities, putting your financial well-being first.

We offer you the flexibility of a mortgage broker, allowing us to find the best program, rate, and options tailored specifically for you. Unlike your current bank or lender, which confines you to their limited product range, attempting to fit you into their singular box, we work with dozens of lenders. This approach ensures that we find the ideal match for your criteria, so you don't miss out on potential savings or a diverse range of options.

REFINANCE | PURCHASE FAQs

When Should I Refinance?

For most borrowers, the optimal time to refinance is when market rates drop at least 1% below your current loan rate. Refinancing for less than a 1% difference might not provide significant savings unless your goal is to take cash out.

To determine if a 1% savings is sufficient to justify refinancing, try using a mortgage calculator to compare payment differences. Alternatively, we can arrange a Savings Review to evaluate various figures and identify the best option.

Mortgage Calculator - CLICK HERE

Should I Wait to Refinance Until Rates Reach Their Lowest Point?

We all aim to refinance at the perfect moment to secure the best rates, but timing the market can be incredibly challenging, especially now. Today's interest rates are volatile, experiencing dramatic fluctuations, sometimes even on a daily basis.

To address volatility, we suggest considering a step-down refinance approach. If you're seeking to reduce your monthly expenses, securing a rate 1-2% lower than your current rate can yield substantial savings. After locking in this new rate, we can provide alerts for future milestones to help you realize immediate savings while continuing to save in the long term if rates drop further.