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re: First time investor, advice

Posted on 2/25/21 at 10:47 am to
Posted by greygoose
Member since Aug 2013
11468 posts
Posted on 2/25/21 at 10:47 am to
quote:

A little background. I am 34. The extent of my investing thus far is my 401K at work (10%) and I put an extra $300 a month towards my mortgage (3.375% interest rate).
Best advice I can give is, REFINANCE THAT MORTGAGE RATE! All time lows right now, that will likely never be seen again.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17060 posts
Posted on 2/25/21 at 10:53 am to
quote:


Best advice I can give is, REFINANCE THAT MORTGAGE RATE! All time lows right now, that will likely never be seen again.

Agreed. If you can knock 1% off do it.
Posted by ChewyDante
Member since Jan 2007
16927 posts
Posted on 2/25/21 at 11:21 am to
quote:

Best advice I can give is, REFINANCE THAT MORTGAGE RATE! All time lows right now, that will likely never be seen again.



I literally just closed on this house over the summer at that rate. I should look into refinancing already?
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