If you are looking to refinance your mortgage interest rate then now is probably a good time. The financial crisis has left many people struggling and defaulting on their loans, which have left banks more open to refinancing at a favorable rate to you if you have good credit. The question then becomes whether you [...]
Posts Tagged ‘Saving Money’
April 2nd, 2010
Three Rules of Thumb for Mortgage Refinancing
You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that’s not really true. Refinancing is trickier than that! Fortunately, three useful rules of thumb can often help you make sense of refinancing opportunities.Rule 1: Don’t Ignore Total Interest CostsYou really want to use refinancing as [...]

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