When To Refinance Rule of Thumb

Welcome to your mortgage refinancing info station. Whether you need a mortgage refinance for home improvement, to prevent foreclosure, or to make new investments this site is your one stop guide. Find out what the when to refinance rule of thumb really is, how to use it, and how to make or save money because of it. 

• Don’t get caught in mortgage refinancing scams
• Don’t let low interest rate mortgages pass you by. 
• Get informed, stay informed, and build your financial future.

Look at any of the linked articles on this page. They cover topics such as:

• How to get good credit fast.
• When to refinance rule of thumb, based on the numbers. 
• Lowering your mortgage interest rates. 
• Making money with a refinancing mortgage.
• And more…

 

 

Here is a quick check list to get you started. If you can answer yes to three of these you should consider mortgage refinancing:

 

1. Is the current going mortgage interest rate 2% lower than your mortgage?

2. Do you plan to stay in the home for more than 5 years?

3. Do you have more than 20% equity in the home?

4. Do you have good credit?

If so, this might be the time for mortgage refinancing.