With interest rates dropping, there is no assurance how much or when, but there is the definite possibility that you would be able to refinance more than once over time while gaining some return from itemization of taxes if not already doing so. Those issues are probably ones already considered, but financial aspects and the uncertainty of construction outcome, cost, time and inconvenience are only one aspect of this situation. Consider the issues as they relate to moving, delays, your children, etc.
Statistics: Posted by Nowizard — Mon Aug 12, 2024 1:58 pm