The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Why Waiting to Refinance Could Cost You Thousands

By Scott Sheldon / January 6, 2026

Most homeowners want the lowest interest rate possible when refinancing—and that makes sense. Everyone loves the idea of shaving off an extra quarter percent or landing the perfect rate before pulling the trigger. But here’s the truth most people overlook: every month you wait, you’re giving up real dollars that could have stayed in your…