refinancing: Is it time to refinance? Maybe so, maybe not.
- 03/28/09 02:57 PM
Is it time to refinance? Maybe so, maybe not. The economy is tough right now, but mortgage interest rates are at historic lows, so naturally, many of us with mortgages are thinking . . . "Hey, I could sure use a little extra cash every month . . . maybe I should refinance the house."Is this the right move for you? Well, it really depends on several things: Your current interest rate Your current loan balance The type of loan your currently have (fixed, adjustable rate, etc) The length of time you plan on staying in your current home Your current (0 comments)