What Circumstances Should Dictate Mortgage Refinancing

for the dreadful foreclosure crisis being experienced in the US today. A refinance is one of the ways a home... of this. To refinance a mortgage can cost as much as 3-6% of the principal loan amount. This can work out to be a very expensive exercise. Exactly the same steps have to be followed to refinance as would have... your interest rate by at least 2%, then refinance. Lenders say 1%, but you have to weigh up... of a refinance. It needs to be able to help you save, by lowering the monthly mortgage payments