refinancing: Should I refinance? The Science of "Benefit to Borrower"
- 06/30/09 01:23 PM
In today's economy, Americans are looking very carefully at their debt. For most, our home mortgage is the biggest financing commitment we will ever make having the most effect over our lifestyle. When considering refinancing, many factors play into the decision, including mortgage product, loan term, and how to pay for the title and lender fees. In a recently released publication by the Mortgage Bankers Association of America's (MBA) Research Institute for Housing America: A Financial Analysis of Consumer Financial Decisions , experts on mortgage analytics Andrew J. Kalotay and Qi Fu review these choices and the importance of a homeowner's planned ownership horizon in … (0 comments)
In today's economy, Americans are looking very carefully at their debt. For most, our home mortgage is the biggest financing commitment we will ever make having the most effect over our lifestyle. When considering refinancing, many factors play into the decision, including mortgage product, loan term, and how to pay for the title and lender fees.;)
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