Mortgage rates have remained low through the spring, despite some volatility. Now may be a good time to extend your traditional spring cleaning to your household finances, especially with rates as low as they are.
Possibilities to consider:
- Fund home improvements, next year’s tuition or other important expenditures with a cash-out refi or home equity line of credit (HELOC).
- Use your home’s equity for a down payment on a vacation or investment property.
- Refinance to a lower rate or a shorter term.