As a rule many people believe a good time to refinance a home loan is when you are getting a home loan rate of 1% or lower. So if you were at 7% interest rate you would not want to refinance until... the fact that we will need to pay money to refinance the home. The average closing cost on a home... at least three years to make up for the cost of the refinance. View this information for free at Colorado Springs Home Mortgage It does not all way make sense to refinance 1%. If we have a very low
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