refinance time and debt: When do I re-finance my mortgage? - 11/25/11 02:51 PM
 I hear many times you should re-finance when the difference in rate is 1% or better.  This is quite a broad statement.  There are so many reasons to refinance and rate is just one of them.  Expanding your loan balance to re-steructure your debt is  a better approach than just having a lower rate and high balance credit cards.  These credit cards can be a major trap when used improperly.  The reverse is also true.  Take for instance a common scenario- a great credit buyer with a small down payment.  FHA rates are fantastic righ now; mortgage insurace isnt.  A borrower … (2 comments)

 


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