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Get Low Refinance Rates From Just 2.12%.

7 Questions to Ask Before Mortgage Refinancing

If you’re struggling with the question Should I Refinance My Mortgage, there is help for you available online. For many homeowners the answer to this question boils down to how long it will take to recoup your mortgage refi expenses. Getting the best refinance rates for your home loan is easy now that interest rates are at historic lows; however, the tricky is to avoid overpaying the lender and broker at closing. Here’s an article from EconomyWatch.com to help you decide if mortgage refinancing is right for you with seven questions to answer before you refi:

…And as lenders are threatened with over-valued mortgages, interest rates may be pushed up. Which means if you’ve maxed your borrowing (and repaying) power, a rise in interest rates and mortgage repayments could cripple you financially – and eventually be forced into foreclosure. But before you throw in the towel and head for foreclosure, consider refinancing your mortgage to save money on interest payments and pay off your home loan faster.


I mentioned that fees are an important part of getting the best refinance rates for your mortgage refi. The reason this is so important is that you’ll have to recoup these expenses before realizing any benefit from your lower mortgage rates. Paying unnecessary fees and markup of your interest rate lengthens the amount of time it takes to recoup your expenses, meaning you’re not getting as good of a deal on your home loan.

Avoiding unnecessary markup and junk fees isn’t hard; you don’t have to be a personal finance guru or have a cousin at the bank to do it. You can learn more about getting the best refinance rates without lender junk fees by checking out my free Underground Mortgage Refinancing Videos.

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