Community FAQ
Should I refinance if I plan to sell my home soon?
No, refinancing may not make sense if you plan to sell your home soon. The upfront costs of refinancing may not be worth it if you're planning to move in a few years. Consider your long-term plans before deciding to refinance, as you need sufficient time to recoup your closing costs through the monthly savings before selling.
Answered by Terri Gulliver, DLC National - The Gulliver Team. Based on Refinancing Your Mortgage in 2025: What You Need to Know.