When to refinance

[Anonymous]

Anonymous wrote:wait for a couple weeks until the Fed lowers interest rates, then refi.

Many mortgage companies/brokers will allow you to refi with no closing costs. If so, refi anytime rates decrease by 1%.
Back in the 2010's, I refi'd 3 times in 6 years.

I did this as well. Several no cost refinances every time rates dropped 1%. Started at 6% and dropped to three eventually. Finally went to 2.25% during pandemic.