Press "Enter" to skip to content

Is It Already Time To Refinance Again?

The current low rate environment is like nothing we’ve ever seen before.  It’s easy to tune out the constant advertisements and news stories about “all-time low rates,” but this time around, the refinance process is very much worth investigating right now. 
There’s a good chance the lender can pay for a most or all of the other fees like title, escrow, origination, appraisal, etc.  Either way, borrowers should consider how long it will take to break even on the refinance by dividing those new hard costs (if any) by the monthly payment savings. 
…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed

Be First to Comment

    Leave a Reply

    %d bloggers like this: