I continually read articles on the real estate industry and like to pass along any that would be helpful to consumers, whether they be buyer or sellers! This one caught my eye as it pertains to refinancing your home and whether it is a good idea to do so. I can say that I am in the process of refinancing right now. By doing so, I have saved $327 a month! Yes a MONTH! My interest rate dropped over 1%. If you are considering a refinance, you should read the following:
Mortgage refinancing is all the rage when interest rates drop. Rates don't have to drop very far, either, before scores of home owners decide that refinancing their mortgages makes sense. But it doesn't always make financial sense to refinance. To read more:http://homebuying.about.com/od/financingadvice/qt/060109_Mortgage-Refinancing.htm?nl=1
For more information, Badger Realty, PO Box 750, North Conway, NH 03860; 603-356-5757.
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