I Asked ChatGPT When the Best Time To Refinance Is

If you bought your home when mortgage rates were higher than you’d hoped, with plans to refinance once they dropped, you’re not alone. Many homeowners take this approach, but figuring out the right time to refinance can feel tricky. To get some clarity, I asked ChatGPT when it actually makes sense to refinance and when it doesn’t. Can You Say Yes to These Situations? ChatGPT suggested that a homeowner is in a “strong position” to refinance if you can answer yes to several of the following: Big enough d ...