Why you should refinance before October

From Yahoo! Homes:

If you're thinking about refinancing, don't delay or you could be in for a nasty surprise. Come October, interest rates could reach new heights, making your refinance more costly than you'd probably like.

Why? Well, if the economy continues to improve as predicted, the government plans to taper off their stimulus plan this October, according to the minutes of their June 17-18 Federal Open Market Committee Meeting.

Source: https://homes.yahoo.com/news/refi-before-o...