As the economy remains gripped by the COVID-19 pandemic, mortgage rates are at a record low and are expected to fall even more – possibly below 3% before year's end. Not surprisingly, many homeowners are considering refinancing. Austin Ingersoll, the Branch Manager of SecurityNational Mortgage Company in Lehi, Utah offers our listeners in-depth advice about the entire refinancing process. In particular, he describes the circumstances in which refinancing is beneficial to the borrower and when it is not.