Should I refinance my home mortgage if the current fixed rate is a full 1% less than my current fixed rate? - home fixed mortgage
The current rate is 5.6% and 6.6% in the current mortgage. I have a mortgage 2 years ago.
Should I refinance my home mortgage if the current fixed rate is a full 1% less than my current fixed rate? - home fixed mortgage
The current rate is 5.6% and 6.6% in the current mortgage. I have a mortgage 2 years ago.
1 comment:
Conventional wisdom says yes. Costs are reduced. If you are trying to refine the cost of how long it on the savings to finance repayment? If it is the time when the time comes shortly to his home refi yes, but not otherwise.
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