In this episode of Raw & Real Real Estate, I sit down with Cesar Garcia, a loan officer with over 15 years of experience in the industry, to break down the most popular  questions buyers and homeowners face: how much interest rates really matter, whether 20% down actually lowers your monthly payment, and when refinancing makes sense — including the fees to watch out for. Cesar explains that the answer isn’t one-size-fits-all—it depends on your financial goals. Are you trying to save money long-term by reducing interest over the life of your loan? Or are you more focused on keeping monthly payments manageable to fit your budget today? We talk about the pros and cons of refinancing, what homeowners should consider before making a move, and why sometimes allocating extra cash elsewhere may make more sense than a large down payment. Whether you’re buying your first home, thinking about refinancing, or just trying to make the most of your money, this conversation will help you understand how to align your mortgage strategy with your personal goals. Disclaimer: The information in this podcast is for general educational and informational purposes only and does not constitute legal, financial, or professional advice. Marysol Ortiz and Raw & Real Real Estate make no guarantees as to the accuracy or completeness of any information discussed. Listeners should consult their own qualified professionals before making any financial or real estate decisions.