refinance breakeven
Surprising 34-Basis-Point Mortgage Rate Drains Refinance Breakpoint?
Surprising 34-Basis-Point Mortgage Rate Drains Refinance Breakpoint? Yes, a 34-basis-point increase can push the refinance breakeven point past the typical one-year horizon, making the deal less attractive for many borrowers. The shift matters most for homeowners counting on short-term cash flow gains. Financial Disclaimer: This article is for educational purposes