Homeowners making decisions about refinancing mortgages have many factors to
- Are interest rates significantly lower than they were when I closed my loan?
- Do intend to remain in my home for the next ten years?
- Do I have enough years remaining on my mortgage to make refinancing worthwhile?
- Do I want to switch from an adjustable rate to a fixed rate?
- Do I need a lower cap on my adjustable rate loan?
- Is my credit as good or better than it was with my first mortgage?
- Can I do better than the loan I currently have?