About the Episode: 

• In this episode, we’re discussing when you should refinance your mortgage. Is now the right time, or should you wait?
• In our Current Event segment, we’re talking about the raising of the National Debt Limit. 
• Our success story comes from Jayme, who has been able to pay off his cars and his house in only seven years!!

Key Questions to Answer: 

1. How long do you plan to remain in this home?
2. What is your current mortgage balance? 
3. What is your current interest rate?
4. What interest rate is available to you? 
5. How much does the refinance cost? 

Resources:
FULLY FUNDED LIFE
IWBNIN Ladder
Article: What the Federal Debt Ceiling Showdown Could Mean for You
Article: The Debt Limit
Article: Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline
Bank Rate
Tool: Mortgage Payment Calculator 

Related Monday Money Tip Podcast Episodes:
Episode 118: We Paid Off Our House in 9 Years - Success Story
Episode 119: When is the Right Time to Purchase a House?
Episode 165: Our Home Pay-off Process

Email [email protected] to ask questions or share success stories.