Coronavirus Cash Crisis: Should I Refinance My Mortgage?

The video tutorial discusses the current low interest rates and the potential benefits of refinancing a mortgage. It highlights the associated costs, such as closing costs, and suggests using online refinance calculators to determine if refinancing is beneficial. The tutorial also emphasizes the favorable market conditions for borrowers, suggesting that it is a good time to consider refinancing if one is currently in a higher interest rate.

What are some benefits of refinancing a mortgage?

What costs should be considered when refinancing a mortgage?

How can an online refinance calculator assist in the refinancing process?

What factors should be weighed to determine if refinancing is worth it?

In what market conditions should a borrower consider refinancing their mortgage?