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April 04, 2006

When Is It Time to Refinance Your Mortgage

When is it a good time to refinance your mortgage loan? Some experts say if you can't lower your rate 2%, the costs don't outweigh the savings. However, in the last few years, with rates dropping to all time lows, people have refinanced for even 1% savings in the interest rate. If your mortgage has a higher interest rate than current rates, and you can lower your monthly payments, you may want to look into refinancing your mortgage

From When Is It Time to Refinance Your Mortgage

Posted by Stephen at April 4, 2006 02:03 PM