Is Refinancing Worth the Effort for Just a 1% Lower Rate?
As rates drop, here's what to consider before you make the most popular mortgage move.
What's one of the biggest reasons why homeowners choose to refinance their mortgage? To secure a lower interest rate. That lower rate could translate to hundreds, even thousands, of dollars saved over the life of your loan.Yes, there are closing costs and fees to consider, but if the end result allows you to keep a life-changing sum of money, it's ...