When Does it Make Sense to Refinance?

For many homeowners, refinancing can feel like a big decision — and it is. But when done at the right time, refinancing can be one of the smartest financial moves you’ll ever make. Whether you’re trying to lower your monthly payment, shorten your loan term, or tap into home equity, understanding how and when to refinance can make all the difference. At Rate Simple, we believe the best financial choices start with clarity. So, let’s walk through what refinancing really means, when it makes sense