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Is Refinancing the Right Financial Move for You?
- By Carolyn Warren
- Published Feb 1, 2010 by FT Press.
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Description
- Copyright 2010
- Edition: 1st
- eBook
- ISBN-10: 0-13-705056-9
- ISBN-13: 978-0-13-705056-7
This Element is an excerpt from Homebuyers Beware: Who’s Ripping You Off Now?--What You Must Know About the New Rules of Mortgage and Credit (ISBN: 9780137020164) by Carolyn Warren. Available in print and digital formats.
The six questions you must ask before you refinance--and the answers that can save you a fortune!
Working as a loan officer, I’ve advised homeowners not to refinance, even though it meant forgoing a commission. To determine whether refinancing is a good financial move, you must look at all sides of the equation, not just the monthly savings. Here are the six questions to ask when you’re considering a refinance....