Is It Always A Good Idea To Refinance?

As a rule many people believe a good time to refinance a home loan is when you are getting a loan... to refinance until you could get a interest rate of 6%six percent. As a rule of thumb this is a good rule... all so need to take into consideration the fact that we will need to pay money to refinance the home... this cost. So we will need to be in the home at least 3 years to make up for the cost of the refinance. View... to refinance one percent. If we have a very low ,loan for example, of $75,000. We use the same example