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October 07, 2006
Refinance Mortgage: What are the Disadvantages of Refinancing Your
Refinancing your mortgage loan can save money and make your budget more manageable. There are disadvantages and risks associated with refinancing your mortgage; the main disadvantage is that you are back to square one with your loan amortization. This means your payment will primarily go to interest and you will build very little equity in your home. There is a way around this; you can keep your original pay off date and reduce your finance
From Refinance Mortgage: What are the Disadvantages of Refinancing Your
Posted by Tom at October 7, 2006 04:05 PM
