If you’re asking the question Should I Refinance your mortgage there’s a good way to decide if mortgage refinancing is right for you. The short answer is determine how long it will take to recoup the expenses from your mortgage refi and you’re ok with it then refinancing probably makes sense. Here’s an article by Dan Green on HSH.com that can help you decide if mortgage refinancing is right for your situation:
Mortgage rates have been falling for months now, and the 2011 refi boom is underway. But how do you know if refinancing is right for you? You can come across hundreds of thousands of responses to the age-old question of “Should I refinance?” Yet unfortunately, too many mortgage experts are giving out the wrong advice.
You can break even on your closing costs and loan origination fee much quicker by avoiding lender junk fees. There are a number of unnecessary fees you want to avoid when getting the best refinance rates including rate lock fees, loan processing fees, and broker courier fees just to name a few.
You can learn more about mortgage refinancing without paying unnecessary fees and markup by checking out my free Underground Mortgage Videos.