Lately my phone has been ringing off the hook with some of my past clients wanting my expert opinion on whether or not they should refinance their homes. While I am happy to speak with my clients and help them flesh out a plan that works best for them, it made me start thinking...should they be considering selling and moving up instead of refinancing? The answer in quite a few instances was a resounding YES.
While each individual's circumstances are unique the factors that should be considered when making the refi vs. buy decision on the same: