Is now a good time to refinance my home?
In this short video (1:15), Ron talks about refinancing your home. One of the few bright spots for personal finance in this economic climate is that interest rates have been dropping. Watch the video and read the blog to hear Ron’s perspective on how to make the decision in your circumstances.
As always, Ron’s encouragement to you is to go back to God’s Word to restore your faith. Take a moment to consider the following Scriptures and meditate on their Truth and their application.
Ecclesiastes 3:11 (NIV)
“He has made everything beautiful in its time. He has also set eternity in the hearts of men; yet they cannot fathom what God has done from beginning to end.”
Isaiah 26:3 (NIV)
“You will keep in perfect peace him whose mind is steadfast, because he trusts in You.”
Proverbs 22:7 (NIV)
“The rich rule over the poor, and the borrower is servant to the lender.”
James 4:14 (NKJV)
“You do not know what will happen tomorrow. For what is your life? It is even a vapor that appears for a little time and then vanishes away.”
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Respond at the Blog
Related Articles & Links:
Download HomeWord’s free “Family Financial Survival Guide” with Ron Blue, Dave Ramsey, Ellie Kay, Francine Huff, and Howard Dayton.
The Focus on the Family Radio Broadcast called “Financial Survival in an Unstable Economy” with Ron Blue and Jeremy White aired on 1/28 and 1/29. Click here to listen and to access other resources.
Crown Financial Ministries gives their perspective on the refinancing decision
Joseph Slife of Sound Mind Investing goes into detail on whether refinancing is right for you.
Michael D. Larson of Bankrate.com shares when NOT to refinance.
Video Transcript
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