New House — Refinance Or Buy

With high home equity (averaging $181,000 recently), many are choosing to refinance and remodel instead of moving. 🏠 Option 2: Buy a New House

Builders are currently offering mortgage rate buy-downs and credits that can make a new home cheaper than an existing one ( Investopedia ). refinance or buy new house

Active listings are up 8.1% year-over-year, providing more selection ( HAR ). With high home equity (averaging $181,000 recently), many

The decision to refinance or move depends on whether you want to in your current home or trade up/down for a different lifestyle. With high home equity (averaging $181

Your for staying in the home (e.g., 2 years vs. 10 years)?

The math works if you stay long enough to recoup those fees—ideally with a break-even point under 24 months .