Refinance Advice

Refinancing in Today's Housing Market

Although mortgage loan rates are at an all time low and mortgage lenders are overwhelmed with refinance requests, you should still think carefully and proceed cautiously with refinancing. The first factor to consider is your reason for refinancing. Do you merely want to lower your interest rate or are you interested in cash back to use the funds for other purposes such as financing a child's college education?

If your one and only reason for refinan ...