 With interest rates at an all time low you may want to consider re-financing your mortgage. When deciding whether or not to refinance, a good rule of thumb is to refinance if you can get an interest rate at least a full percentage point lower than your current rate. This makes sense only if you are planning to stay in your home at least long enough to recover the amount spent on refinancing costs.
If you would like help reviewing your re-finance options please give us a call. |
