Thinking about refinancing your mortgage?

by Jan Richey | June 17, 2013

Thinking about refinancing your mortgage?

Most of the time, refinancing can save you money.  But it’s always safe to do the research to avoid any and all potential financial mistakes.  According to msn.com, ask yourself the following questions before you refinance.

1. Do I have the time to spare?
2. Will I break even or come out ahead?
3. Am I disciplined enough to resist rolling other debt into my mortgage?
4. Am I likely to qualify for the rate I want?
5. Can I meet today’s tighter lending standards?
6. Can I prevent going from a good loan to a bad loan?

Read the entire article here.  Image courtesy of mortgagecalculator.org.